why from our studios in central moscow you're watching r t with me and he said now it's six pm here in the russian capital a billion dollar exhibit in an airstrip near moscow is promising lucrative deals for sellers and displays of the latest aircraft first spectators staring up at the sky a first public glimpse of russia's new fifth generation fighter jet among wednesday's highlights as artie's royster shea reports. stunning and utterly deafening of the debut of his ultra secretive t. fifty sukhoi superjet stealth fighter jet absolutely mind blowing to watch it are low altitude maneuvers soaring high altitude maneuvers the noise coming off those engines was just something to witness for yourself i'd probably have got some colorful damage it's my hearing but when it comes to the pilot doing the sensational maneuvers just major g.

forces in this team t fifty i can only imagine the pilot saw his lunch twice today now when it comes to the whole operation the whole deal with the ultra secretive t fifty it was actually a deal between india and russia to develop it is' partners here the idea is to build about a thousand of them over the next decade or so hopefully have the t. fifty sukhoi in service by two thousand and fifteen now the west is certainly keeping a close watch on russia with the debut of this t fifty it is supposed to go head to head with america's f. twenty two raptor also the f. eighteen it is lighter it is faster the technology is more recent also it's more cost effective than their western counterparts and this is the man helicopter on man helicopter robotic system there are many many other drones behind it some drones as small as my leg i mean who knows really what's flying in the skies these days but when it comes to the issue of terminator and skynet it seems like those days are approaching a faster than ever now for the meantime i really should wrap it up here i can go on

like a schoolboy i'm surrounded by toys or boys with toys it's great fun here for us at r t a but for now we'll go to a slightly more serious package are. talking about the debut of a russian passenger liner that's next right here on r.t. . this is one of the new hoops of russian aviation it's called the in this twenty womb it's time to it is an airline of the twenty first century there's a lot riding on the fate of this plane it represents the efforts of a russian aircraft into. trade that so far failed to break into international markets and it will have to be as modern as it says it is to survive the competition. as a sort to mid-range passenger jet it will be going up against the likes of boeing seven three seven an airbus has a three twenty both well established planes its makers are fully aware of the challenge ahead we understand it will not well not for us on these markets. market for what we hope we will hobson for our whole market.

we'll see. they're confident the m s twenty one will be able to technically match its competitors with a third of it built like complicite materials and a totally new airframe it will save on that crucial substance feel powerful in the freezer want to see is to present some. approximately fifteen percent or so of course operation of course. but the emmas twenty one also follows the earlier sukhoi superjet as one of the first russian airliners built in years the efforts are being led by the united air craft corporation which is trying to make russian plane companies work together like air persons done in europe we use the engine euro so engineers capacity from suporn company to consumer to go to political illusion it's early days yet but with

a wealth of aeronautical engineering experience from soviet times hopes of flying high the m.s. twenty one will put a new generation of russian airliners up in the clouds tom boston tea. party will continue to bring the best of marx try to eleven throughout the week so stay tuned for more highlights from moscow's jet powered airship. well still ahead for you this hour the worst oil spill in decades in british waters we'll update you on the disaster that green groups say will have grave consequences for the environment. but first human rights groups are boycotting a british inquiry into allegations of torture saying the government is taking an irresponsible approach to the case activists insist the probe is a waste of time and public money because downing street will have the final say over whether or not to disclose the results met one torture victim who also doubts

the inquiry will bring justice. walking a tightrope of pain versus gain it's emerged that's how britain security agencies were encouraged to decide when to talk terrorist suspects. held by graham in afghanistan and in guantanamo bay between two thousand and two and two thousand and five he says he was tortured and accuses the u.k. of being complicit in that torture only now is the level of the official complicity being revealed i am completely one hundred percent sure that i would not have gone to guantanamo or to back room had it not been could be involvement of british intelligence services i spoke to british intelligence officers quite regularly. they were physically present when i was being abused they saw my. lecture.

me they saw my according to policy documents seen by the guardian newspaper senior m i five and m i six agents were asked to weigh up the quality of information they might obtain with the level of mistreatment a prisoner would suffer and if it was worth it to go ahead amnesty international says there's a mounting pile of credible evidence on the extent to which britain was involved in torture as yet another document that's been hidden for a very long time that's just been released that shows that there was you know perhaps circumstances in which. you know ministers are very senior officials authorised agents to participate in in situations where it was more likely than not the torture would occur there's a police investigation into torture allegations under way and as soon as that's finished an inquiry will begin but it's already come under fire the policy on interrogation and all the relevant documents may not be made public which is good

human rights groups so much that they've refused to give evidence or go to inquiry meetings. there's also a control to see about the chair of the investigation so peter gibson used to be the intelligence services commissioner the government doesn't see a conflict of interest there that many m.p.'s do we have to have confidence that the judge presiding is not somebody who has been heavily involved with the secret service in the future in the past and i think on that point it fails powerful people including tony blair jack straw and david miliband have refused to reveal whether they knew the policy led to a number of people being tortured but the ministers and agents who wrote it knew the public would be outraged according to the guardian it includes warnings that if it got out the policy could lead to increased radicalization. agrees it's true anybody would get radicalized if you hear about the types of torture the took place however when the government said that they will hold to account those people who

were involved in torture and we take them for the wood and if the government then goes against that and so we will have this inquiry but it's going to be in secret you will get to see those people involved in your torture and then people will lose . any support any idea that the government is actually going to try to. carry out justice many fear the inquiry set to begin shortly will be ineffective and that a second one will be necessary at vast expense but there's also concern that creeping revelations about just how complicit the u.k. has been in torture and extraordinary rendition will lead to further radicalize ation whatever happens it's clear we haven't heard the last of britain's involvement in torture your and it r t. global markets have taken a nosedive after the leaders of the strongest economies failed to calm fears of a deepening crisis angola merkel and nicolas sarkozy called for the creation of

a central economic body which would ensure euro zone members take more financial responsibility but they brushed aside suggestions of expanding the e.u. bailout fund or releasing euro bonds to help keep the single currency afloat artie's daniel reports. 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 this one small problem which is the people of europe have been lost because the the president of france faces an election next year where he's already trailing behind his rivals and 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 borns which many have said would be the solution agreed eventually they said the euro miracle they're not a cure and france and germany won't guarantee other countries did it so they refused to bail out the royal 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 tax on financial transactions was also announced. that the purpose was to home annoys economies and taxes across europe so a very wide ranging proposals on offer here. well for more now on us and now with us i should say we're joined live from frankfurt by political analyst and author of the gods of money f william and all thanks for being with us merkel and sarkozy want to thank you

a live economic government but how effective would it be well the other countries that the eurozone even accept something like that. well i think the collective economic government that merkel and sarkozy are talking about is really a desperate political ploy to try to create the illusion of stability where the underlined stability doesn't yet exist there is no political will not in germany nor in the rest of the eurozone countries for as surrendering national sovereignty to a collective entity that has any decision power so it's simply a shimmer that's been thrown out there to try to calm the markets if a centralised economic government isn't the right approach to saving the euro what is that. well i have to laugh at the term collective economic government from the heads of state of france and germany it sounds like a throwback to these old soviet union air or something. the alternative really is is to get. stable export market relations i think above all with russia the

central asian republics china and the rest of asia in the middle east and if that is created then you can have a growth vector that leads you out of this debt impasse that the eurozone countries are in without that and so long as as the dollar system dominates international financial relations that moody's standard and poor's do the rating on sovereign debt for european union countries and that there is no independent european credit rating agency and there isn't is no. growth perspective and only austerity there is no up to this crisis never the investors want an expansion. fund and an injection of euro bonds into the market about precisely what berlin and paris have refused to do here why is that. well it goes right to the fundamentals of the sovereignty the euro was created as

a rotten compromise back when the berlin wall collapsed in the early ninety's and italy and france imposed the demands of the master treaty on helmut kohl back and that era. the germans resisted it fiercely initially until the german banks figured out they might become the winners of this new year old concept and then cold shifted his position dramatically toward the end of his tenure but at this point that whole arrangement has has changed we have the financial crisis that was triggered when the when the washington refused to bail out lehman brothers september two thousand and eight that has created shock waves around the world and now you have a competition between the euro and the dollar as to which currency is going to go down faster and there is no alternative reserve currency to replace it so. really it's a. the euro bond idea a single bomb that underwrites or that is underwritten for all euro zone member

countries is simply not. coherent with the concepts of national sovereignty which the governments of germany france and the other member countries tenaciously hold on to as i can understand do you think marco and sarkozy i mean they obviously made it quite clear their lack of faith in euro bonds as solution to the crisis is that a justified approach considering the e.u.'s financial woes. the the financial markets the hedge funds out of new york and others would love to have a euro bond because then they could just have a heyday but. i don't see that happening any time soon it would require a major. revision of the european union treaty to allow that surrender of sovereignty the bureaucrats in brussels have been agitating for this back from the days of jacques to lower so that they would have an independent non-elected financial power over the member governments of the european union so until that.

that dysfunction is resolved and that's a major major political question that i think is perhaps one or two decades away in in the e.u. this question of national sovereignty versus a united states of europe i don't think we're going to see anything but a series of patchwork compromises but just briefly the giro zones debt bubble just seems to be expanding and expanding is this going to burst the bench really do you think that the euro is in fact doomed. i. i think the commitment of especially germany and france to not allow the euro to be doomed is enormously strong because they they view their economic industrial future germany as the leading exportation. internationally today is tied to a stable euro or a euro that is the basis of that trade and especially sixty six percent of the

trade of the eurozone countries is intra european union within the european union so it has many strong economic arguments in favor of it keep in mind that the explosion of the debt has very much to do with the explosion of interest rate perceived risk that was triggered when the moody's and standard and poor's downgraded the sovereign debt of greece more than a year ago just when the e.u. member countries the e.u. council agreed on a rescue action for greece and that was a politically motivated motivated act in my view driven by the fear that the dollar was about to go into freefall the chinese were talking about. disinvestment from dollar assets u.s. treasuries and so forth and strengthening their profile within the euro so just at that moment standard and poor's downgraded greece to junk bond status and that triggered the explosion of interest rates which makes the euro land dept of the of these countries portugal greece and so forth virtually unplayable so

a solution has to be found that deals with that. of course no doubt that they're causing many waves in the financial world these days well i for frankfurt political analyst and author f. william and all thanks for your input thank you. tehran says it's ready to resume international negotiations on its disputed nuclear program the islamic state sees russia's efforts as key to restarting the talks that's according to the iranian foreign minister was on a visit to moscow to ron's currently under four sets of u.n. sanctions. has more. of course has always been against this tough approach to the iranian nuclear gend saying that the only way out is a diplomatic one and that in forcing further sanctions on iran would only worsen the situation and its proposal is a step by step plan which has been deemed acceptable by the iranian side and also

cautiously welcomed by the united nations security council and that plan proposes a greater openness in the return all of the reigning officials to the negotiation table in return for a gradual removal of a un imposed sanctions against iran of the iranian side is said to be very satisfied with the russians proposal of the step by step program and said that it is prepared to open its doors to international observers. make sure that. representatives from the international atomic energy agency from the united nations security council can see that iran is not interested in creating nuclear weapons it only wants to have an existing peaceful nuclear energy program but it will not tolerate any further sanctions against it will see those sanctions as basically an infringement on its right to peaceful nuclear energy and this is exactly where russia's step by step plan comes in and seemingly of course satisfies

both sides we'll of course have to wait to see how that plan is implemented and whether it is as effective in reality as it has been so far in words. it's twenty minutes past the hour still ahead new evidence of negligence workers that should have the same appliance a big cooling system was doomed to fail before the facility was hit by the market tsunami. the oil giant shell's still doesn't know what caused the leak at one of its north sea platforms the company was forced to. admit it's responsible for the worst spill in british waters for more than a decade about thirteen hundred barrels have leaked so far shell confirmed it's still struggling to control a second rate but said the first pipe rupture is now under control and the flow of oil into the sea is down to one barrel a day greenpeace has criticized the company for taking too long to make information

about the spill public adam on who's an energy analyst from the environmental organisation platform says a lack of transparency is a worrying sign. what's important here is that the u.k. government has been rather smart in claiming that its regulatory regimes were breasts. and against the kinds of things hoped for happened in the one suppose last year however this particular spill calls for those claims and question it's a particular sense to the period of the year for breeding. program i've almost certain city. owned or sort of share has been thrown in with it's part of the difficulty plugging the site in the big players of all the moving growth in the us and all that shows using dispersants there isn't one highly controversial. on the use is questionable because all they do is

more on the smaller boats and more difficult for. proper staunchly. from government bodies even to those stairs to climb in the pool don't have adequate information coming from shore certainly insurers and public at large are quite still and that brought about a lot of shareholders almost very small boats for information and there's been no official statements coming from and you see more. members of the company including c own the board of directors which does call into question seriousness through which the company is taking action. let's take a look at some other stories from around the world this hour an explosion in southeast turkey close to the iraqi border has killed eight soldiers and wounded several others turkish officials say the troops died after their military vehicle was hit by a roadside bomb they suspect kurdish militants were behind the attack last month twenty people died in a clash between turkish soldiers and members of

a kurdish rebel group has been calling for autonomy of the area for almost two decades. u.n. says it's pulled out non-essential staff from syria where president for sar office is hoping to end a five month uprising against his regime it comes after the syrian army reportedly withdrew from the eastern city of dear alice or with witnesses saying baseball convoys of army vehicles leaving the area activists say at least thirty two people have been killed since troops ease control the city in a crackdown last week and is believed over eighteen hundred people have been killed since the uprising began in march. workers at the fukushima nuclear facility in japan say that further structural cracks have been found at the plant and that it's releasing radioactive steam they also say that pipes and at least one of the reactors were seriously damaged before the devastating tsunami hit the area in march while the allegations raise concerns that the facility was doomed even before

the earthquake triggered the disaster problems with deteriorating pipes at the plant had been reported for years the cooling system failed to stop reactors going into meltdown after it was hit by forty meter high waves the plant has been leaking radioactive material since the disaster despite efforts to clean it up dr robert jacobs of the hiroshima peace institute says that the evidence brings into question to pan's nuclear safety. there is certainly a great deal of evidence that appears to suggest that the first reactor reactor number one was melting down by the time the tsunami hit so if that's the case that the reactor was melting down as a result of the earthquake and not as a result of the tsunami a nine point zero earthquake is something that has the potential to happen throughout japan and that would put the reliability and the design and safety of all of these reactors in question and so when you have a fragile structure that's already suffered

a great deal of damage and you have continual aftershocks at the level of six point zero there's there's been some even higher. what we have now is we have the radioactive core that has melted down into the basement into the bottom of the containment vessel of these reactors and if the radiation level is going down where it's being monitored inside the buildings and if the water pressure is going down and the temperature is going down it's not as though the radiation is just suddenly going away it means that the radioactive material the melted core is simply moving further away from where it's being measured earthquakes even when they happen at a high level they're not individual events they're followed by a series of subsequent earthquakes and so we're seeing now that these reactors are not safe for earthquakes let alone for tsunamis. so that wraps up our main news block this hour kareen is here next with the latest business.

hello and welcome to our business update this hour august seventeenth is a dog day in russian financial history it's when the country declared its on default back in one thousand nine hundred two called between a fall and coup process and the asian crisis russia was caught short on less from vada capital says we're not in line for a perfect storm. the ninety nine price just might give them i would look like a walk in the park i mean ninety nine. ninety three percent of its value last week the the russian market also about fifteen percent of its value paid her but it was nothing compared to the nine hundred ninety eight russia has moved on a lot further for him for the day you know russia russia now it performs along saw it a lot of the emerging markets and looks to his lead in ninety nine zero eight it was really a case of it's already. been a pretty terrible period for anybody had to get through the exchange rate is a lot more flexible than it was before the banking system is really quite stable

you've got some money leaving the country but again not nearly as much as that it's a very very different place you know people are investing people are building businesses you know why they just didn't exist in the in the late ninety's we've had ten years old you know there's been a lot of volatility but relatively speaking good stable compared to the previous ten years. let's take a look at the markets now oil climbs to the highest level in almost two weeks after reports showed us gasoline inventories fell as consumption of the motor fuel increased brant crude is trading at one hundred eleven dollars about well. as a gating eight dollars a barrel stocks in the u.s. open mostly high as earnings from target corporation and staples top expectations the dow jones industrial average rose over sixteen points or zero point nine percent in early trading personal computer maker dell lowered its revenue outlook hitting technology stocks how to europe where shares that flat to negative and even trading session best times are disappointed with lack of action coming out from

tuesday's meeting between american and sarkozy. and russia is ignoring the negative sentiment in europe as stocks are supported by high oil prices the r.t.s. closed over two percent higher on my six is having more than two percent in trading and here's the snapshot of the market movements on my sex most of the blue chips are showing modest gains. the cell phone was adding over two and a half percent cross telecom was also off and investors are pricing in the announcement the stock has been included into m.s.c.i. global start and this is now the bank has reversed from earlier losses and is now gaining over one percent the bank has reported a thirty five percent net profit growth for the first seven months of the year but that's on the russian accountants that. that's all the business update for now will be looking at the markets in the next hour.

wealthy british style done some time to explain the. market why not. find out what's really happening to the global economy with much stronger for a no holds barred look at the global financial headlines tune in to conjure reports

. at six thirty pm moscow time these are the top stories on our team aviation sensation russell's fifth generation fighter has made. international debut at moscow's air show buyers and flying out next watch as cutting edge aircraft takes to the skies near the capital. for wobbles on the global markets after berlin and paris ignored the advice of investors on how to save the euro zone from going under angela merkel and nicolas sarkozy want to be you economic government but are refusing to expand the balance of fund entreaties to euro bonds. plus activists say a british investigation into torture allegations is a farce after the government says only it will decide whether to act.