would be a dramatic centralization of power 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 artie's daniel bushell is in brussels. the key decision is they have announced a single united eurozone government 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. this may make him even more unpopular because the people of europe haven't been asked but in polls in opinion polls they say that they don't want the european integration wrangler 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 dead so they refuse 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 a president be very official a tax 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 it will show there in brussels where 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 artie's arena reports public faith in the

ailing euro may already be on the quick things. some work to live others live to work hockey market combines the two today he and his nephew run the picture framing shop set up by hawking grandfather almost a century ago but the family firm is in a rough spot. like all in spain my business has been struggling 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 economy in europe spain is definitely feeling the bite of the credit crisis and that many ask 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 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 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 debt 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. 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 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 associate because three or four people take work close to heart in large corporations something which me only be possible if spain quits the floundering federation of the ears own and put its own house back in order it involves carty hundred. high tech combat jets and the latest gleaming airliners appears in the skies over the moscow region the world's biggest aircraft makers are at russia's max two thousand and eleven airshow showing off their newest designs and artie's tests are silly as there to be but i'm an airfield. 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 the airbus a three eighty which is the largest commercial aircraft out of the market right now flying in the sky like it was a small plane that was interesting to see but again a day 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 the latest technology what their aircraft are capable love 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 fifty you know 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 at the country has done a produced in the last twenty years now the only other fifth generation of military aircraft out there is the f. twenty two raptor which belongs to the u.s. air force and now we're talking 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 but 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 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 a 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 fun. 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 my colleague eager

a crowd that had the chance to see them a behind the scenes practicing amount of their practice runs and let's see what funnies at. 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 shoes no margin for error. today's one of the last shots is for the russians and the swiss should practice their new program ahead of the mikes show performance. to show stopper the trademark non-playing diamond of two very different aircraft delight to mix in formation with a heavy. gun from below the force jets looked in for 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. but these pilots don't think of themselves and to train as

a serving officer is 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. these demonstrations of piloting prowess just becoming a side show right. richard so i don't think so at all. electronics could often be jammed so we 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 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 alive. the. field. will stay tuned to r.t.

because that will be at the next air show throughout this week 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 future flight. our team takes to the max airshow. 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 of resorted to selling the only thing they have left their body parts as this report. cala a room again is alone in her tiny empty apartment in chennai like many indians who

struggle to make ends meet kala is constantly in debt despite selling pretty much everything she has including her own kidney. i went to a group 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 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 and when those options are exhausted rogue doctors or hospital staff can introduce the recipient to a broker usually a former illegal donor too who can scout nearby poor neighborhoods for someone who is well. to sell their kidney and go under the knife. and afford to buy good news

for them all say part of it to this. is the law. though doctors 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 the donors also frequently are robbed of their health by before i used to run round and work a lot but now i can do as much work as they used to i find it difficult even to leave the point of what i can go to work i have severe pain in my abdomen and my chest. and while horror stories of the red market are exchanged among locals those with no options left are forced to take extreme measures sacrificing their health just to stay alive preassure either party chennai india.

there's been a second spill at a north sea oil rig belonging to shell it follows one last week which has now been reduced to just two barrels per day but with an estimated two hundred tons having leaked into the water over six days environmentalist say the cleanup could take some time this is thought to be the worst spill in british waters in more than a decade well let's get more on the story from. an energy analyst from the environmental organization platform adam thanks very much indeed for joining us and just firstly what we know about this second oil spill do you know anything about that well shows. just place. we don't. both. relying on ships. and.

all right what we do know though is officially understand that more than two hundred tons of water been spilled into an area of what something like one hundred square miles could you put this in perspective for us just just how serious could it be. where was the leg so for. a clown. the most significant. savings for us it's approaching records from them or not. well contrast many people referring to the bill for months for disaster last year. but i think what's important here is that the u.k. government has been rather smart in planning that its regulatory regimes were breasts. and resilient against the confluence of what happened. that will happen in the what's supposed. to go or spill calls for those crimes and question. could you perhaps tell us about the environmental impact at this stage is

as much known about that and indeed the economic impact when we think about the area being pretty rich in fishing grounds for commercial fishing it is and will look. close to. those number of votes a particular. period of the year for breeding. of certain cities. and our sort of shows where it's been difficult in the south in the big players of already knowing growth. so there's definitely an absence or too early to say what those will be. just another charles using dispersants while controversy or. the use is questionable because for that it is done with more on the smaller boats and more difficult for. proper action staunchly. from. the source a much more possible for or. some other things that could be leaking into the

riders to get into the sense to legal systems and so not only are you critical in the way that shell is trying to solve this crisis but also what about the way that they responded. to this they've rejected criticism that they did in fact respond properly promptly and properly over this but does that really appear to be the case and if so if not come expect any tough response from you catherine is on the way that shows handle this so far we do know which. ones. for our own government. don't have adequate information coming from shore certainly unsure. about a lot of. very small information and those. statements coming from. members of the company.

which those pointed questions to which. could talk to you thanks very much indeed. joining us live there in the u.k. thank you and. a recent report by the bureau of investigative journalists say says that u.s. drone strikes in pakistan have killed at least three hundred eighty five civilians almost half of them children estimates by washington much lower and as chris woods a senior reporter at the bureau told me earlier that the cia are getting in the way of a comprehensive investigation. a minimum of three hundred eighty five civilians we think and as many as seven hundred seventy five civilians are among those killed just to be clear the cia has now admitted 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 we

were hearing rumors of us officials in washington trying to cast aspersions on our study before it was even published. for example trying to link to someone they were claiming was a spy in pakistan and also raising doubts about the validity of our research itself 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've 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 behalf of civilians from pakistan intelligence documents us secret cables through leaks point wiki leaks earlier 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 these attacks. let's update you on some other world headlines now this hour in france

a formal investigation has been opened into international monetary fund the chief christine legarde it needs 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 profited personally attorney believes the investigation won't affect her role as. chief. government takes to continue the siege of a 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 have been making house to house arrest officials have denied reports gunboats joined true. in the attempt to crush the uprising against president assad the un human rights council plans an urgent meeting on the syrian crackdown on. reporter. one of the few foreign journalists understanding of what's happening on our twitter feed she has all the latest updates.

to. the international olympic committee has been checking construction for the sochi twenty fourteen games the team including the head of the good progress is being made in the preparation and. went to see for himself. this is the mountain cluster of the all big projects nine hundred meters above sea level as you can see the beauty is here are fantastic and this is exactly what a visitor is an athletes will see during the two thousand and fourteen winter games and of course everything you see here will be covered in snow over the games. the

sporting 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 half thousand journalists who 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 family's going to be turned into or. to repeat this two nation results. responsibility to be overseas to develop sports to grow there was this huge success keep what's going on. and to which we should look at it or do it to twenty four. but this is just the beginning. because you guys cheer for stocks really after the

games next year here in this valley in sochi will see nineteen world class sporting events giving the venue at the old dry run before the facilities will be used for their primary purpose. russia's president and prime minister spent some time messing about on the volga river as they took some time off and they took some time out dimitri medvedev and vladimir putin went on a boat they also went for a dip with photography found inventive getting out his camera into the water for a few snaps and finally the two took their rods for a spot of fishing in the sunny weather off southern russia. a lucky catch there by the looks of things latest news from the world of business is next with kareena. hello and welcome to business here in our t.v.

thanks for joining me after three days of gains the markets have once again turned south confidence has been hit by weak economic data from germany growth in the eurozone second biggest economy was virtually stagnant in the second quarter and this has raised for the 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 down as questions about the euro zone's economic and fiscal prospects weigh on sentiment energy is again one of the most active sectors as poor prices plummeted following the meeting between sarkozy america's. disappointing german growth data also is also weighing on the shares now nearly all the european markets have closed down on tuesday the main exception being the footsie which and it showed high the decks close tough percent despite the negative sentiment surrounding those two could be numbers on a similar picture in russia where the autism isaacs ended lower sank one point

three percent in the my six and two percent in the red and here's a snapshot of the market movers although my six guest from last almost two percent of the company reported eighty six percent growth in net profit for the first construction company pic has also posted post-op results of its almost thirty million dollars net profit against twenty one million dollars losses during the same period last year. and banks also suffered with spare bank losing one point eight percent good prices also falling as you see over worries about the state of the world economy like sweet is currently trading at eighty seven dollars a barrel why brant is a little below one hundred ten dollars a barrel. precious metals are higher gold is up something is but all this talk markets so it was trading at nearly forty dollars per ounce. business at high altitude in the moscow region the international air show is generating billions of new deals but generally cohen has more on that spectacular

event. this is set to be a record breaking year for mocks with more people than ever coming to the show but while the spectators at the meyers the technology and gasp at the aerobatics display teams there's also plenty of 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 in russia about eighteen billion dollars in titanium five billion dollars in engineering support and expertise four billion dollars in other ventures a number of deals have already been announced ab os has agreed to sell eight a three hundred twenty jets to russia ally and trans their old with

a capital prize over seven hundred twenty million dollars russian made ad craft also selling well sukhoi has agreed to sell twelve over its super jets to indonesian airlines almost four hundred million and following the success of the plane its parent company united aircraft corporation has announced a bold new plan to build a long range aircraft this would be in direct competition with planes from boeing and ab os and it expects to start production in twenty eight twenty. and united aircraft corporation is also bringing a new generation of medium range planes to the runway the first flight of the m s twenty one is due to take place in two thousand and fourteen season tix a show that of says that the corporation realizes competition is tough in the narrow body sector and that the potential rewards are great. we sneeze for. its biggest news in the world market. most competitive from which billion

billion dollars market. everybody interested to be a spark of. so for me and the business team here on our team will back with more financial news tomorrow thanks which.

to me is. just simply.

top stories as are all the france and germany proposed a single collective eurozone government led by the e.u. president to steer the block out of its debt trouble. it would have decisions of being implemented. the skies over moscow welcome the world of aviation of schools of the latest jets performed breathtaking stunts at this year's max air show. market in a gruesome organ trade in india is on the rise with authorities accused of colluding with those illegally preying on poverty stricken people. hope for life. so that brings up to date for the moment next it's the closure report looking at how the warning signs for last week social unrest in britain were there for all to see earned for quite some time.