to help get the eurozone out of its debt crisis chancellor angela merkel and president nicolas sarkozy want a single eurozone government with the power to monitor whether member nations are following its decisions daniel bushell has the latest now force in brussels. the key decision is they have announced a single united eurozone government which can overrule national governments they also announced a corporation tax to unite the corporation taxes of germany and france so we're moving slowly towards a fiscal union which is what many had predicted but of course there's one small problem which is the people of europe have been asked because the the president of france faces an election next year where he's already trailing behind his rivals and is suspected this may make him even more unpopular because the people of europe but in polls in opinion polls they say that they don't need the european integration angle or merkel the chancellor of germany says they showed great

courage to do this and they dismissed the use of euro bourne's which many have said would be the solution agreed eventually they said the euro bonds are not a miracle they're not a cure and france and germany won't guarantee other countries did it so they refused to bail out the rising problems in countries like italy and spain they also denounce the rumors and speculation and said they'd fight against this the rumors that they say are trying to bring down the euro so there will be a single government they'll elect the president be very official attacks on financial transactions was also announced. that the purpose was to harmonize economies and taxes across europe so a very wide ranging proposals on offer here today. and you bushel there well let's get more insight from brussels professor of finance market back from the soul of

a brussels called joins me live from there thank you very much indeed professor for being with us well this is going to make any difference from what we just heard from those two do you think what they've announced will have a positive impact on the eurozone crisis. well who served from not really i think. we've not really been surprised by anything that was so what markets are looking for is the chile implementation of the decisions that were taken in july which is mostly loading on the european financial stability mechanism with money so who can become operational purchase bombs and secondary markets but nevertheless thought they making the right sort of noises saying they're going to bring those nations like greece and italy under control over their excessive spending those those countries which they blame for rocking the eurozone boat. well that's a good intention but the european union has no power to dictate anything to those member states what you have to do is to provide incentives for those member states

to grow to credibly commit to fulfilling the agreed stability criteria but wouldn't this initiative actually suggest there will be power over all of those states and and if that is the case what about the reaction from the general public over this many obviously against what's happening from brussels at the moment what's the reaction could we see where we see perhaps an imprint an impingement on the sovereignty on their sovereignty by the leadership. well i think that's not quite fair i think the citizens and some european countries were actually quite happy. pressure came from the outside to push through reforms that many people believe were necessary in those countries i think that many italian colleagues believe the reforms that have now been in italy announced in italy were necessary timely and in fact some people think that for example source privatizations goes they don't go

far enough. has made it quite clear that they had no faith in europe onset at this stage being the solution to the crisis do you think they were right to abandon the idea of euro bonds. whether the euro bond issue is really extremely interesting because i think we have a problem first of all we have a problem with the language when the german government refers to euro bonds it means. all the issue debt of euro zone member states will be issued. i think you know economists all know economists i know of in europe are talking about this sort of euro bond what people are talking about is what some people from brutalist called or nominated blue bones so these blue bones are going to be issued up to a certain percentage of g.d.p. these two people one of them german yaga from bites a proposed that up to sixty percent of that will be issued blue bones so nobody is

talking about issuing all that of the eurozone. euro bonds just briefly i want to ask you about the immediate reaction now some may say that these two leaders are struggling they're not too sure what to do but what sort of reaction do you think there could be from the markets and indeed investors over this or do you think too little is too late has been done and in fact europe could be heading for another recession. well i think it's too early to say this i think the numbers on g.d.p. we have today. certainly not encouraging on the other hand german coal corporations that have published results are doing extremely well for exploiting to die published very good numbers i think it's true to say whether we're going to have a double dip. so i think we'll just have to wait and see on this yeah certainly it's a waiting game at the moment thanks so much for your thoughts on the latest developments there in brussels professor mark backed from the department of finance from the solve a person's school thank you time. thank you very much. well 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. 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 ran 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 although it's 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 again soon sovereign debt ever crossed 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

eurozone such a great idea after all the answer may just be no the country's rating has been downgraded twice since 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 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 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 spain takes in the european union . but who took him isn't losing hope that his country and his business well eventually climb out of the slump. of course it will stay. lies in the end it's the small businesses like mine that will do the job because three or four people take work closer to heart than large corporations something which me only be possible if being quit the floundering federation of the own and puts its own house back in order it involves carty madrid. or later this hour here in r.t. more economic ups and downs in our business bulletin after three days of gains the markets again pointing down and best as competence is had by weak economic data from germany growth in the eurozone second biggest biggest economy was virtually stagnant in the second quarter and this has raised fears that the global economy is

once again heading for recession. more from crying a little later now high tech combat jets in the latest gleaming airliners appears in the skies over the moscow region in the world because aircraft makers are russia's next two thousand and eleven air show showing off their newest designs and . is there to. well it's been a very vengeful day here the first day of the max two thousand and eleven we've seen some pretty impressive individual shows of some of the aircraft here we saw the thirty we also saw a modified version of the savoy twenty seven as well as the f. fifteen of the u.s. air force again very impressive performances and one interesting one was of the airbus a three eighty which is the largest commercial aircraft out of the market right now a flying in the sky like it was a small plane that was interesting to see but again at the max two thousand and eleven that's what it is it's here for it's basically for these companies to showcase their latest innovation their latest technology what their aircraft are

capable of and as far as the russian the participation here is concerned there's one model that's really highly anticipated a lot of build up towards it that's the support team fifteen and this is a russian made of this generation military aircraft and it's the first of its kind that is made as far as russia is concerned also the first that the country has done produced in the last twenty years now the only other fifth generation of military aircraft out there is the f. twenty two raptor which belonged to the u.s. air force and now we're talking fifth generation we're talking about faster more efficient aircraft as well as those with better stealth capability so that's something to look out for this is the first time they will be unveiling it to the public it's made its maiden flight already again unveiling to the public so interesting to see how it will fly in the sky but it's not just military of course we have some a commercial aircraft you would see some of the bigger commercial aircraft in the market of course the boeing dreamliner the airbus a three eighty i mentioned earlier and of course the so why super jet people just going inside trying to find

out exactly how big it is but i actually was looking for a smaller plane this plane right here the one i'm sitting in is one of those i'm not military not commercial it's called an experimental plane it's traveled eight thousand kilometers to come here to russia from the united states the first time it's been out of the united states and it's actually also home built basically can build it at home that's what it is but i'm not going to try anything funny. i think i'll leave the stance the professionals are still looking forward to the aerodynamics us or aerobatic performances of the a french italian and american air force as well as two teams from russia russia nights at a swift action and my colleague eager about having had the chance to see them a behind the scenes practicing amount of their practice runs and let's see what funnies at. cadmus share here at the cuban air field the stands for two of the most famous aerobatic teams in the world even a dress rehearsal shoes no margin for error. today's one of the last

shots for the russians and the swiss should practice their new program ahead of the mikes to show performance. to show stopper the trademark nine plain diamond of two very different aircraft delight to mix in formation with a heavy. gun from below the force jets looking for sink 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. but these pilots don't think of themselves and to train as a serving officer as the flying elite hand-picked from the entire russian air force the best technology develops top gun style maneuvers being abandoned in favor long range missiles and advanced trade. so. these demonstrations of piloting prowess just becoming

a side show. richards i don't think so at all the real war over the chronics could often be jammed so go back to who sees whom and how they can respond to the situation skills will never become obsolete and up they go again practicing for hours perfecting the skills only harmful in the world capable of. old fashioned dogfights might not be as big a part of combat as they once were but here they're keeping alive. either of their own nerve. field. will stay tuned to r.t. will be at the next air show throughout the week and we'll have some first class flight action as well as talking to the captains of the aviation industry who are there all week.

shape the future flights. our team takes to the max airshow. a recent report by the bureau of investigative journalists say that u.s. drone strikes in pakistan have killed at least three hundred eighty five civilians almost half of them children washington claims there have been no civilian deaths at all well to assess these contradictions i'm now joined by chris woods he's a senior reporter with the bureau thanks very much indeed christian for joining us so some grim statistics there tell us more on what your investigations uncovered there in pakistan. where we've been looking at the subject for about a year now and we've uncovered clear evidence of between two thousand three hundred and two thousand eight hundred civilians and people killed in pakistan of those a minimum of three hundred eighty five civilians we think and as many as seven

hundred seventy five civilians among those killed just to be clear the cia has now admitted that they have killed around fifty civilians in pakistan during the duration of the certainly years of the drone war but they say they haven't killed a civilian since my last year and our evidence suggests entirely the contrary where were you getting your evidence from what were your sources. well initially we were we went back and looked at over two thousand individual media reports from pakistani u.s. u.k. international media looking at the strikes and then once we don't actually untangled that process and got the clearest idea of what had taken place we don't cross-reference with a host of material which included. legal studies case notes of lawyers who are fighting cases on behalf of civilians in pakistan intelligence documents us secret cables that were leaked by wiki leaks of this year and so on so we're trying to build up really as comprehensive

a public view as we could of what's actually been taking place with the cia attacks but although you say the cia do admit to civilian deaths nevertheless they did indeed try to thwart your investigation efforts some of them are right in saying that. they were quite aggressive towards those over the last few days certainly we were hearing rumors of u.s. officials in washington trying to cast aspersions on our study before it was even published and for example trying to link us to someone they were climbing with a spy in pakistan and also raising dance about the validity of our research itself and we were leaked documents by other journalists. from the cia which were raising serious doubts on their side about our work we have absolutely no trouble with what we've put forward and we're very robustly defending it against these attacks train attacks are meant to be extremely precise and why mistakes made.

i mean the u.s. has described the drones as the most precise weapon in the history of warfare but you're still talking about missiles fired from a great distance away into housing compounds at vehicles where other people are going to be in the vicinity and history of the drone strikes as we've seen it reveals many many strikes in which civilians have been killed one hundred forty over reported two hundred ninety two strikes have recorded civilian deaths attached to them. just briefly finally all that any signs that the obama administration is learning lessons from this in trying to avoid such tragedies in the future. there are some indications that civilian deaths have been dropping since two thousand and ten. on the question of child tests they've gone from being a large numbers of children killed in strikes to individual children really killed by flying shrapnel as far as we can see in the vicinity but we have to temper that

slightly there was a huge escalation in the number of strikes last year and reporting suffered accordingly it's very difficult to report from is there a stand so while it's indicative that the civilian deaths declined. chris woods very interesting to hear what you have to say thanks so much for joining us live here senior reporter with the bureau of investigative journalism joining us live there in london thanks your time. the 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 selling the only thing they have left their own body parts. 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 and i'm not. going to 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 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 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 law meant to regulate organ donation in this country each recipient was supposed to get an organ from a donor who was in some way known to have even though each transplant was supposed to be 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 poorer neighborhoods for someone who is well. to sell their kidney and go under the knife. by good news for the most part of it so this. is the law. doctors are also on 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 before i used to run them 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 rad 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 or some other world headlines now in france a formal investigation has been opened into the international monetary fund chief

christine lagarde relates to allegations from when she was france's finance minister when she approved a huge payment to a friend of president nicolas sarkozy she denies any misconduct and there is no suggestion she proffered it personally her attorney believes the investigation won't affect her role as i.m.f. chief. government tanks are continuing the siege of the syrian port city of latakia forcing thousands of palestinian refugees from their camp four days of shelling has claimed at least thirty lives and troops to be making house to house arrests officials have denied reports gumboots joined the troops in the attempts to crush the uprising against president assad the u.n. human rights council plans an urgent meeting on syria crackdown. by the way our reporter is in syria one of the few foreign journalists there and you can read her understanding of what's happening on our twitter. she has all the latest updates. on. beautiful.

beautiful the. latest news now from the well the business. welcome to our business update this hour after three days of gains the markets have once again turned self confidence has been hit by weak economic data from germany growth in the euro zone's second biggest economy was virtually stagnant in the second quarter and this has raised further fears that the global economy is once again sliding into recession meanwhile news from the summit between sarkozy america that we've been hearing about earlier came too late to affect the markets here. u.s. stocks are falling as more evidence points to

a slowing global economy stocks were dragged down by news from europe that's despite some good domestic news which showed industrial production roles last month . nearly all the european markets were closed down but main exception being the footsie which ended a shade higher the dax lost half a percent despite the negative sentiment surrounding those g.d.p. numbers and it was a similar story here in russia where the audience in mind six and of lower the r.t.s. sank one point three percent and the my xix and it nearly two percent. and here is the snapshot of the market movers in the mines six on lost almost two percent the company reported eighty six percent growth in net profit for the first half construction company pick has also posted first half results it's almost thirty million dollars net profit against twenty one million dollars losses during the same period last year and banks were also have also suffered with burbank losing one point eight percent. now crude prices also falling over worries about the state

of the world economy like sweet is currently trading at eighty eight dollars a barrel while brant is a little below one hundred ten dollars a barrel and precious metals are higher gold is up selling is back on the stock markets so it was trading at nearly forty dollars per ounce. business at high altitude and the moscow region the international air show is generating billions of new deals at the temple was there for business. this is set to be a record breaking yeah fall mox with more people than ever coming to the show while the spectators at the meyers the technology and the aerobatics display teams there's also plenty all serious business taking place the russian market is expected to grow rapidly boeing says potential of one hundred ten billion dollars over the next twenty years and says it's ready to invest heavily to build on its position here over the next thirty years we expect to invest about twenty seven

billion u.s. dollars here and russia about eighteen billion dollars in titanium five billion dollars in engineering support and expertise four billion dollars in other ventures and number of deals have already been announced ab os has agreed to sell eight a three hundred twenty jets the russian. prize seven hundred twenty million dollars russian made add. sukhoi has. twelve super jets to indonesian airline for almost four hundred million and following the success of the plane its parent company united corporation has announced a bold new plan to build a long range aircraft this would be in direct competition with planes from boeing. and it expects to start production. and that's a business a bit of the south stay with us for headline news up next.

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good to have you with this is our. top stories now in germany proposed a single collective eurozone government led by the president to steer the block out of its debt troubles have the power to oversee its decisions being implemented. in the skies over moscow welcome the world of aviation schools of the latest jets before breathtaking. trade in india is on the rise with authorities accused of colluding with those illegally preying on poverty stricken people. and their health. stories with another summer in fifty minutes. recently with some.