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tv   Boom Bust  RT  May 1, 2018 5:30am-6:00am EDT

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it him was a bad idea in pyongyang's view the libyans took the economic bait foolishly disarmed themselves and once they were defenseless were mercilessly punished by the west the president of firmly been leader is gadhafi his brutal death does not offer much confidence about a safe exit bolivian crisis is teaching the international community a grave lesson iran when giving up its nuclear program thought it could get a better deal the united states has never been closer to potentially having something happen with respect to the korean peninsula that can get rid of the nuclear weapons can create so many good things so many positive things and peace and safety for the world so we'll see what happens you can't help but wonder at the logic if there is any it's hard to tell sometimes with trump how is ripping up a nuclear disarmament deal a good thing or
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a good precedent maybe north korea will get it it has now floated the idea that it's too could give up its nuclear program it is important to be positive optimistic look forward don't think about what happened to the last few guys that gave up their nukes maybe mr bolton didn't think about what he was saying he does want north korea to disarm right not grow its nuclear arsenal and paranoia or perhaps mr bolton one of the most hawkish and militant officials in the u.s. brought up libya on purpose it seems like they are telling the north koreans don't disarm when they do that because of course north korea like iraq for that matter disarm and then the u.s. invaded them and destroy them and killed the leaders and killed all the people in the in the ruling circles so you can really tell mr crump when you i mean you that one moment. interesting piece at another moment is oak telling. mr kim that he was
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going to be. sodomized with a bad net like the old market off or hang them as they did to to saddam hussein if the north koreans feel the us is going to destroy their country they would have starved all the countries in that area. the leader of south korea says donald trump deserves to win a nobel peace prize for his efforts because to public opinion on this matter first in the united states. which world leader has done the most for world peace three. that's a tough one but i guess i'd point to him as a moon of south korea and can you point to which world leader has done the most for world peace out of these three. and we will. there you tell us why. on all the way from the only one that's been able to get these people to talk to
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each other. the leader of south korea has suggested that donald trump be given the nobel prize oh my god oh my gosh. yeah that's not going to have. is the worst thing i ever heard no he doesn't have any you know what. i find it difficult to give donald trump credit for anything. boss alone to defend gerard piqué turned camera man as a science celebrated winning their seventh of spanish league title in ten years the cattle and stock took the camera from oddities video agency ruptly to film bosses bus stop parade. thank you. p.k. took the camera after our video journalist tried to get a close up lionel messi and ali suarez also among the players who were caught on
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film by p.k. you also managed to capture the moment for thousands of fans locals and tourists who had lined the streets of boston lona to join in the victory over. joining us so far for the program about halfway through it at the moment though there are a growing integration problems in germany where over half of migrants tested failed to prove they had just basic knowledge of the german language that's in the mix of stories in just a moment. i've been saying the numbers mean something they matter the u.s. has over one trillion dollars in debt more than ten white collar crimes happen each day. eighty five percent of the global wealth you long for the ultra rich eight
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point six percent market saw thirty percent rise last year and some with four hundred to five hundred trade per second per second and bitcoin rose to twenty thousand dollars. china is building a two point one billion dollar ai industrial heartland but don't let the numbers overwhelm. the only number you need to remember is one the one business show you can't afford to miss the one and only boom bust. thank you.
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if you can join us today for the program one of russia's leading on call it has launched a campaign to raise awareness of the dangers of late diagnosis that's after he found out too late that he has the disease himself with little chance of survival. well the sickness will channel when there was an oldish discomfort but found out that i was ill by chills so i had stomach ache took some pills to still decided to check the book the symptoms meant the scans clearly showed it wasn't shooting so a day later i already had the grossest.
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for the judge and yeah but to go in the day i found out i told my wife the news in full some presents for our kids she panicked started crying hines was shaking i tried to comfort her as i could told her what treatment plans the hardest thing is to help my kids come. home as a lesson in there but at the end of. the main aim of the project is to give cancer patients as much information about the disease as possible currently the situations that we have a sort of between the patient and don'ts of the patients must know everything about the disease the prognosis will be possible complications and all the options. have to get the funding current girlfriend of
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a college just like. it's been it revealed that i have a half of migrants enrolled in integration courses in germany have failed to pass basic german language except that says the country passed now to receive even more asylum seekers. are all of our picks up the story. for germany welcoming well over one million refugees and asylum applicants over the last three years was just the beginning the tough job comes in well integrating those people into german society that seems to be pretty much something everybody agrees on just ask the chancellor integrated story for the sake of the integration of deterring urging migrants has a very special meaning for us to meet the focus here is to learn german language those who speak german get better involved in our society. and a whole four hundred eighty is of course the other challenge is the big number of refugees in germany not to only register the to achieve the task of integration
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a long term residency will only be granted for the refugees for the task of integration and that that things have not been going to plan the federal office for migration and refugees have just released their latest figures in relation to refugees and asylum applicants taking language courses the numbers make for pretty viewing less than half of those on the course the chief did basic level of language proficiency things like being able to go to the hospital go to the shops or apply for a job while just over forty percent achieved a lower level than that where they say you can understand but not speak the rest well they either failed the course or didn't complete it in its entirety and well that lets them bode well for people looking to get jobs that require qualifications to most of the german courses in germany. so ressa g.'s.
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needs another course they need advice from friends and other people to improve their germ skills you know it was a good day i had a lot of german friends so i was i willing to integrate and two was a german courses and to to go. school the integration program doesn't come cheap last year six hundred ten million euro of taxpayer money was funneled into it and they haven't seen a good return on their investment. it can be assumed that a large part of the funds spent were lost because the courses were characterized by dwindling numbers of participants but at the top of the program say they need more time but acknowledge that one of the main reasons people don't pass is that they don't show up the classes but others acknowledge that some refugees traumatized by the experiences that they've had while others don't come from a so-called learning culture having never attended school in their native country
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many off their. basic learning skills because many of. didn't attend a school at all it dropped all to early early on so it might be too difficult for them to. a foreign language which is. refugees and tried to stay only temporarily abroad which they fled from this over to return to their countries of origin and we should focus on. teaching them to scoot switch to need to reboot their country of origin instead of teaching them some very basic german macian along a self nor us what. it is a big paradox or because. on the one side whites and populists want that migrants integrate themselves on the other sites they say migrants are criminals
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they generalize they are there bad so they bring a bad culture a primitive culture so this is a real damage because yes migrants i'm not mock debates it's myself when a guy has a lot of prejudices against me and says i'm a criminal and he doesn't know me i'm going to merkel announced just recently the job. ten thousand refugees in the very near future critics of the move for asking whether it's to take more people already struggling to integrate those who live here already. in these days of heightened sensitivity and delicate snowflakes cramming for your college exams can certainly be overwhelming and even reduce you to tears sometimes a hug even a box of tissues simply aren't enough but don't despair one university in utah wants to make sure that if you're going to lose it they've got a special place for you.
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chief.
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advisor joining us here with international it is true may the first ten twenty three am here in moscow were turning in about twenty five minutes with more of your white house. a little less sleep you need to get a mass out of you start with the full force and find that i did today. when i left that i sat next to. a lot of those.
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the birth of the god of the book is like. a. country of those loans. to keep them honest and out of them. have a difficult time to. learn these years are made up and that i don't. know how shameful. going to a gun it will be if admission from the. palm
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oil is one of the most controversial products of odds on it's a solid vegetable fat that's very cheap. twenty seventeen production grew to sixty three million tons that rapid growth in international demand for cheap oil has led to the massive expansion of palm oil plantations which is the destruction of rain forests. given to the zio a lot more than ten million hiked as of unique rain forest has been destroyed and it's a process that just keeps going. the new global economic war is unfolding in the realm of education the right to education being supplanted by the right to access education. higher education is becoming just another product that can be bought and sold just about
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education anymore it's also about running a business where you could. also. want is the place of students in this business model for college now and an extremely more high education the new global economic war. hi this is max kaiser stacy everett of the kaiser reported hour into ronson check out what we did on our live stage act you know the story begins in one nine hundred seventy one actually you know president richard nixon entered a new era and global finance he had been in the bretton woods agreement and gold was no longer anchoring the global economy we entered
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a period of very interesting experiment of free i currencies anchoring free our currencies anchoring fee out currencies anchoring. it's turtles all the way down we entered into the modern financial era reference value at all no gold nothing just a country's flailing about entering into spurious wars. economic theoretical policies based on nothing and a lot of money printing the rise of the central banks the whole the central bank the ben bernanke is the janet yellen of the world and we worship as priests in front of the disease will of money printing now that era is coming to a close the era of the u.s. dollar as the reserve currency is coming to a close with the rise. in crypto currencies is it an asset class or darn right it's an ass i class how do we know that because as people abandon the fee at
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currency nightmare that was given us and nothing but misery for fifty years they're plowing into fee at currencies is a go at one hundred thousand you're darn right it's going hundred thousand because there is trillions of dollars sloshing around in a cesspool called the global financial markets there's absolutely no rhyme or reason to valuation on any of these assets that whatsoever. and i saw a headline coming up here today which immediately got my attention so the exchange crack and right crack crack and jesse powell jesse powell at the crack in exchange they have told me to new york to pound sand basically you know they're trying to dig into all the market making that goes on in these exchanges and they wonder how price discovery works on these various exchanges and so all these exchanges are saying look we're opposed regulatory framework or oppose the our currency framework we're entering a new year and we don't need the f.c.c. that c.f.d.
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see any of these regulators guys were taken this thing to another level is based on a whole different valuation model and just to give you some context of you know my history in all this and how i got into it was back in one nine hundred ninety five one nine hundred ninety six i started a company in los angeles called the hollywood stock exchange and we were trading virtual assets with a virtual currency on a virtual exchange and to build that technology which was pretty new at the time i had to invent a technology so i invented a technology called the virtual specialist technology is that has a u.s. patent i think is five nine five zero one seven six is the patent number and so we were having to do prices covering virtual assets this benchley was sold to cantor fitzgerald in two thousand and one and they moved the entire thing to their office in new york the top floor of the world trade center. of a few months before nine eleven. there was. an inability for them to really
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capitalize on that going forward they wanted to introduce box office futures contracts and i told them at the time that this would never happen and you would never launch box office futures contracts because the m.p.a. the motion picture association of america is a very guarded monopoly in the united states without any competition. and they don't like the idea of price discovery on box office they like to control that market with an iron fist the six studios in los angeles and sure enough they didn't listen they know they spent twenty million dollars trying to develop a box office futures contract and at the last minute for the diagram bill or the ground on the ground they introduced a rider into that law saying how long box office features contracts so hollywood is the only industry in america that has this kind of protection from financialization you can trade a box office futures contract which you can trade futures contracts on almost every
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other industry in america because they don't want a competition they don't want the price discovery they don't want to interrupt the flow of their model to market their way into a box office event and. i find this a bit disturbing because it says that free market economics and crisis coverage is selective in america we like it in certain markets but not other markets and being in the news business and i as i am we're constantly has are the regulators who are trying to tell us which news is approved by the regulators so this idea of free market capitalism being selectively applied to some industry and not others is that also applied to the news business so some outlets their news is considered to be more truthful than other news and they don't allow the public to decide what they want to say and for the public to make up their own mind about what is
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informative and what is relevant to their lives another word for this to be propaganda so we live not only to price propaganda and if currency propaganda but we live in the news propaganda the major outlets in america are in the most insidious and vicious propaganda and warmongering that we've seen in decades the idea of free markets which i'm totally in favor of right it goes back to the enlightenment it goes back to adam smith it goes back to the transition of power from the fricken catholic church to the enlightenment to the individual sovereignty the rights of man to be preserved and markets are a way to get there free trade is a way to get there anything that interrupt free trade interrupts freedom and anything in or of freedom is a reversion back to neo feudalism and we see that happening right now in the united states and presumably here in canada as wealth is concentrated in a few or fewer hands we're having a river at the risk of neo feudalism on the horizon crypt out is is the answer in
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my view and it is an asset class and it is gobbling up market share and the u.s. dollar is doomed all free up money is doomed and any money they keep in fear money own. keep money and only have money keep money and feed at that you're willing to lose. anything us on tripped out is going to vanish. the biggest bubble in the world is the us dollar the stock markets in about the bond markets out of three hundred year bubble we haven't seen bond prices sovereign bond markets aside three hundred years in britain and in over two hundred forty years in america think about that it's a multi hundred year bubble when those bubbles burst and they well because interest rates can't remain near zero for a perpetuity to help keep insolvent banks looking like they're solvent every single
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bank and bust your bank is leverage that five thousand to one that there's nothing collateralized and towards your bank with some hamsters in the end and in a vault somewhere munich is absolutely nothing it's a mirage. those banks all right what else we got here lisette rested that's the genesis block i see some applause already this is beginning i see it through all started notice that the headline is times in london chancellor on the brink of a second bailout of banks is that random did they just put that in there is a time stamp or is it so she making a comment well it could be both but i heard it as a comment the banking system is in jeopardy and it's a reaction if you will is a very political elements a big calling that is not talked about that often and i think that probably to put in context of where we are historically should be mentioned all right so there's
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a jamie diamond a suicide banker and people say why do you call a jamie diamond you know a terrorist a suicide banker when you think about it banks on wall street they are cut from the same cloth as she hotties. they misinterpret their basic texts right so in the case of analysis fanatical was the hottest theocracy a chronically driven psychopaths a kind of misinterpret the qur'an here jamie diamond totally misinterpreted out of breath i mean he selectively reads books on economics to support his maniacal psychosis they go to. terrorists i go to my dresses. jamie dimon and his crew who go to the ivy league schools which of them addresses of our hero who teach them economic models that are dangerous and fanatical he's going to kill himself and others for is beliefs. he has no compunction about putting isn't our
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society or from self at risk by pushing weapons of mass financial destruction as warren buffett calls them derivatives so to blow himself up kill him soften anyone around him so he says they're a terrorist with my suit. initially he was very anti bitcoin. then he came around a little bit and now is still a bit more probate going as the markets are moving against him and he says he has no morals or ethics or any kind of soul he's just going to go with the market he's just like a dead fish will go with the current right he's not going to swim against the current because he's inside he's dead he's a parasite he's a tapeworm on society. but i was also very might might say we die when that's a poor impression because it's too vulgar but does it give you night blown you know it's pretty sick. you know we've been doing our show. thirteen hundred
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episodes and this is kind of the reaction we get people are understanding that the enemy are banks hers and it's not the concocted skirmishes you know the world with the war the scapegoating that goes on all right now you know when when the replay the reagan democrats were in charge that you member the muslims were the the enemy and now that the republicans are charge the the the russians are the enemy. so it's all. the enemy of the bank's toure's that's our common enemy so we got to get above the the parochial regional nonsense and scapegoating and bigotry. three hundred eighty billion dollars in drug money for mexican of course they were bought by walls fargo wells fargo big position by warren buffett wells fargo caught recently going into millions of customer accounts and stealing money and they get a slap on the rest of the price of fraud in terrorism america is roughly you get penalized ten cents on every dollar you steal that's the conflict. that's the
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business of my. mind. three hundred eighty billion dollars how does that compare to road which was used as an excuse that he had lines like this all the time that. big queen uzis for money laundering or buying drugs or things like that. it was with the silk road bs and now serving life in jail anybody for want of me and in prison most for me from h.s.b.c. h.s.b.c. built this was in that revelation they never went to court i was going to say the court case but there was never a court case so this was in discovery what happened with h.s.b.c. is that they actually physically designed like the equivalent of a. trace to our ledger they created a physical box uniquely for the mexican drug cartels to deliver money to each s.b.c. branches in mexico city and here they don't go to prison they they never were charged
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with anything they are given use bonuses and the bonuses are driven by stock options that go up in value based on the stock price based on stock repurchases and buybacks funded by zero percent interest rates from the central banks so the central bank is or is it is a this is an accomplice so again because it is fighting this fight that's what bitcoin is putting these guys hopefully six feet under big coin is the revolution but coins is the means by which there will be a lot of as we saw in the one nine hundred thirty s. bankers jumping out of windows that that's part of the goal. that was really problematic oh i enjoyed it immensely well don't go away for much more after the break stay there.
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so what we've got to do is identify the threats that we have it's crazy confrontation let it be an arms race based on off and spearing dramatic bad to
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follow can only mostly i'm going to resist i don't see how that strategy will be successful very critical time time to sit down and talk. for a world cup twenty eight team coverage we've signed one of the greatest goalkeepers of all time but there was one more question and by the way who's going to be our coach. guys i know you are nervous he's a huge star among us and the huge amount of pressure to come out you have to go i mean eighty percent of the beach but probably with you and we'll show you all the great game the greatest good you are the rock at the back nobody gets past you we need you to get the ball going let's go. to a low and just i want to know and i'm really happy to join the team for the two thousand and three and world cup in russia meet the special one come all sorts of cliches meets just at the reno theology team's latest edition to make the. bigger
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certainly better. in the heart of the swiss alps this is a place probably more secretive than the pentagon more mysterious than the cia and better guarded than for knox customs. is controlled by them and they impose the opening times. it is from the procedures in place of the strictest in all europe masterpieces by artists like pecan so and modigliani i can't boards unsold inside this warehouse that's where the report comes in it covers up deals which are naturally discreet commercially discreet but also discreet because they concern fraud. some of those paintings are linked to dark secrets nobody knows how many of these secrets kept inside the geneva freeport
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system you'll never obtain an inventory of all the works in the freeport who knows how many there are three hundred three thousand three hundred thousand is it a matter of confidentiality only is it the world's black box of the art business. welcome back to the cause report i'm asked as are our special guests. sunny welcome to the kaiser report days ahead of me it's great to have you been following your career really for a long time and you're one of the earliest guys in typical and of course in india it's a great place for big going to flourish because it is the next generation of financial technology in a country that's looking for next generation financial technologies and of course it took off like gangbusters it's hugely successful and then i was just reading
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that the indian government they're not being friendly right what's going on the r.b.i. the reserve bank of india has recently announced that it's i mean in short they don't want banks in payment companies to be working with companies like google and was it a surprise or was it a surprising that read the big white paper like six years ago so not a complete surprise but yeah i mean a little bit i mean a surprise so here's how much contact you have with the government now at this time with unocal oil which is one of the largest crypto exchanges in india how much interface you have with the government quite a bit quite a bit we know almost every regulator there's like maybe seven or different departments that are looking very closely at because we have relationships and many of them. but you know all of the different government bodies don't always work together they're like you know a multi headed monster where one head you know kind of does things without knowing
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what the other one does to some extent and so yeah so this was a little bit out of left field with the r.b.s. announcement but like you said you know in december you know it's not just you know we started the show in india but there's like twenty twenty five exchanges all by really really smart people backed by smart investors but the r.b.i. decided that you know they didn't. now one thing important know is they did not ban decoying even as politicians on you tube say hey if you want to buy a big one with cash want to trade between yourselves go ahead we just don't want the banking system interacting with it is this a period of may be a bit of a transition from a bit coin naive its way to a bit coy real politic what i mean by that is that when we all started in the business when it got started there was this feeling that it would solve problems and it was a fantastic paradigm shifting technology that would banksy and banks particularly in countries where in india for example were you know this would be such a. step up for the huge portion of the population that didn't have access to bank
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accounts and so in is it in the case of the now a slightly different mental attitude toward bitcoin if my question makes sense in other words. the promise of bitcoin is so fantastic in his being and my view also this in my opinion being stifled by a bureaucratic machine that maybe is not really going to take on all the warm and fuzzy aspects of this technology and why it's so great we think about that what i just said. first they ignore you in the laugh it's you in the fight you knew when they were at that in the for you was the famous indian who said that gandhi. and i think yeah i think we're kind of at that stage i mean look at the last three months since december i mean bryson because i was to go big and like some of the biggest
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companies in the world they google facebook twitters and they're going to ban and you had banks you know coming down on the queen globally and so i think it's you know it's hard but i think at the same time it's kind of good why because you talk to a bank me and bank to a point up until they do and even now we only deal with people who have bank account. because we're forced to but if we now cannot work with people in banks we're only going to be working in the ending sector so in a weird way it can accelerate our progress towards towards or our goal. to have it i said you know in big point nothing ever surprises you like i had a desk job for ten years i could go back to that but i chose this because it's difficult it's hard and and there were enough people you know working on these big challenges until you're ready to work around anything any obstacle that comes down or in your crypto to cash we're doing we're looking at could do a quick door we're looking at you know why labeling we're looking at you know moving order book of side of india and maybe they could list twenty different
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things that we could do we're not going to die we're a cockroach. now similarly in china you know they've they're then going down the path aggressively of decentralized exchanges because the governments like trying to attack the exchanges the exchanges you know as i've said from the beginning i've always been the point of failure because it's the interface with fia and if there's going to be a clamp down that's really going to go that's really going to attack moving along to now some comments made in new york about going after exchanges and just looking at their price discovery mechanism how they how they maintain their order books they want a crack in other exchanges to start answering to regulators crack and. response has been basically we don't care what you reckon answer your letter we're not going to answer your inquiry we're glad we're part of new york and you know we can exist without this regulatory framework and they've taken a very. bad approach of like the damage torpedoes. going straight
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ahead you know very grasses. are you guys part of that movement is that is this a global movement it can't really be derailed at this point and it. but i what will happen is entrepreneurs like myself in capital and we have one hundred fifty employees and millions of users we're going to have to put. her attention towards the centralized exchanges and guess what that's not is a bad thing because when i think back to five six years ago when i was going to be queen all we obsessed about was building a decentralized exchange but i think it was early you know but i think now it takes come along leigh and i think it's going to be easy but we are seriously considering that as well ok going to is breaking news right here considering that model that's right it's in the warehouse it's on the shelf you can pull it off put the engineers to work on it and keep keep keep the lights on and keep rolling but i leave it all right fantastic so tell us talk about the conference if you will block chain economic event b. and how many years has it been running well i've been doing events for six seven
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years and starting in india and that's how i met my co-founders that they can be and started a new point and so both a year and a half ago or two years ago i started living in canada again because this is where i'm from and i noticed a disconnect i noticed that there was a lot of big win events but it was like in coffee shops and bars and basements and i wanted to do an event once every three or four months where people would look forward to it and they would kind of remember back in really hearing room x. said and and so that was the initial goal that kind of the bigger goal was we wanted to be the catalyst for ten unicorns at a trial and like i just said on stage you know there's this like miss notion that we try and make money on these events and the truth is first and you need money and i'm telling you that because now they do know that in the wrong with making money but i do literally do these events because i love trauma and love block chain and i want the smartest people in the world like yourself like adam bagley chris i said it i want people like you to come here and you know and share the gospel of it
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interesting the way these events are kind of taken on different character so in the miami event the past year was very a lambo or a lot of us and just the busty women you know you know it's very like playboy mansion meets toshi ok then this is. it is more as you say you got some original gangster types adam back this year you know he's one of the solid guys is the reference of the white paper you know you've got other really hope ross profile folks and i met here two fifteen year old kids that came to the event they're in to block chain they're figuring out of ply blah chained to genomes and artificial intelligence and this is the this is me hope sunny is that this next generation coming up is completely empowered by block train and they are ready to take this to the next level are you seeing that as well for this event tickets are four hundred dollars a head if you're a student you got a free ticket i can see that on camera but that was our kind of secret deal was
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that we just wanted young people in here yet because they're the future and yes anyways a little emotional but definitely that's a big part of it right so the event itself it kind of operates as a think tank and a gathering place and try to help the ecosystem in whatever way you can where as i get acquainted you know that you're more of your do your day job and you're you know pounding that forward and bringing it through the startup cycle and and how how is the startup vironment now is that the market is that we have a huge i.c.l. market and twenty seventeen regulators came in and they really put on a huge amount of. surveillance but. looking at all the stuff we're in that cycle to our last one december i did another event where we had admin morey the thirty eight director of the u.s. mint who's also a big point of banjul is. so things that we try and get. that he said and anyway so
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he came and he you know he shared some in say with us and he did say that look the hammer is going to come down i suppose and look i'm a big fan of the free market so from that perspective i love you know everything but personally as a solution in time the financial services sector i worry a little bit of what i see zero. and what's happening now and and you it could be argued that a lot of the clamp down now is happening not just because of a quick is because we're over seventy years but it's because of this ice you know phenomenon again i caution people against i do these events as they try and find some of the better projects and put them on stage people can tear gate them and ask them questions but i think that it's not it's not secret i'm personally not super bullish on an icy o's but i do believe there will be a few that will succeed and change the game the word around the street has always been that you know you can by becoming an exchange with a very quickly put off exchange and into cold storage into a paper walled into a hard wall because these exchanges they tend to be vulnerable going back to the mt
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gox disaster which everyone still remembers because it was a huge event so at unocal where is the industry on the security front so that people have more confidence that when they go exchanges that they're going to be getting the security that they need to just honest i know we partnered with block chain dot info dot com and we have a partnership through our a.p.i. a customer in india can buy and sell big queen straight from watching meaning they're holding their own private keys and they just make the purchase and use a big horns of a ticket on the account of. like the one who are going to jack we're partnering with my sealion and so yeah we see that is like the next evolution right where people hold their own private keys but we act as just the mediator for liquidity right well that makes a lot of sense doesn't it now how is the volume and trending in a single i mean volume is ridiculous right up until december we were on boarding ten thousand users a day
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a day we literally couldn't keep up with it. but obviously when it was like in the last few months the market see no definitely calmed down a bit personally i kind of like it when things are not like through the roof and everybody in your neighbors talking about they quite like you and everyone's like no this is never going to work and it's failed as and i get most excited what's the next event we can look forward to. three or four months when you know one entrepreneur do something called block chain expo ok maybe later this year much bigger more grander and yet that sounds exciting yet i do have to go back on now and it was an x. i love you guys very direct yeah already and that's going to do for this edition of the cars are parked me back skies are states ever like to thank our guests sunny ray of you know going to catch us on twitter sky's report until next time by all. a little late to you because i'm outside with
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a few. funny that i did just that. when i looked to the south texas. along with. the leaves were slow. to. three of those mothers. who keep. the family just looking at the difficult mother. and these years on leave and do it on zero. zero zero zero shame will. kill a gun it will be an admission from the.
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level warhawks selling you on the idea that dropping bombs brings police to the chickenhawk forcing you to fight in the battle zone. the new socks try to tell you that the because of the public my files are the most important day. one of my maverick eyes and tell me you are not cool enough and let's define your product. these are the hawks i am on the dollar was worth watching.
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palm oil is one of the most controversial products of odds on it's a solid vegetable fat that's very cheap. twenty seventeen production grew to sixty three million tons that rapid growth in international demand for cheap oil has led to the massive expansion of plantations which is the destruction of rain forest. into the zio a lot more than ten million hiked as of unique rain forest has been destroyed it's a process that just keeps going.
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tries to convince the world that. the us president says negotiations with north korea nuclear. go ahead while his security advisor says what. diagnosis. thanks for joining us here. we have the latest world headlines. israel's prime minister who is pretty well known for his use of big speeches has gone all out.
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about its nuclear ambitions he wheeled out thousands of documents on c.d.'s of evidence as part of a grand powerpoint presentation. to persuade the world comes with just twelve days to go until said that he would scrap the iran nuclear deal. iran lart the evidence well that lies in this filing cabinet allegedly thousands of documents and c.d.'s half a ton to be precise proven conclusively to iran misled the world about its nuclear plans both before and after the twenty fifteen agreement we've known for years that iran had a secret nuclear weapons program called project ahmad hailing this as a significant development and a great intelligence achievement that the all who was sure iran has one reason and one reason only to hide this information why would a terrorist regime. hide. and meticulously catalog good secret nuclear
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files is not to use the mood of literary estate hiding its nuclear weapons program what other country would do such a thing some will remember netanyahu twenty twelve un speech and the cartoon bomb iran's foreign ministry has already called his presentation a propaganda show but the issue here is also a serious one since the onset netanyahu has been an ardent critic of the iran agreement so this is a terrible deal. i think this deal is a bad bad to do it should never have been concluded. and if you do storm. president trump. will do so will make as the solution on what to do with the nuclear deal. i'm sure you'll do the right thing. the right thing for the united states. the right thing for israel. and the right
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thing. for the produce of the world this development comes at a crucial time for this international framework in less than two weeks president trump will decide the future course of u.s. action is likely to differ strongly from the other members of the five plus one group despite last week's niceties during president micron's visit to the states so far trump has kept his cards close to his chests we'll see what happens his favorite phrase whatever does come about on may the twelfth there's a new york who will do all he can to convince the world that scrapping the deal is the right way forward even at the cost of years of negotiations and a delicate regional power balance hailed as a huge diplomatic success there are nuclear deal was hammered out back in twenty fifteen between the u.s. china the u.k. russia france germany and of course iran a negotiation is took nine years ending a decade long standoff over iran's nuclear activities tehran agreed to strict
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limits on its nuclear program and to open its facilities to international experts in return some sanctions against the country were lifted. now the white house back to the israeli prime minister's presentation saying in its statement that iran had a well a robust nuclear weapons program that it's tried and failed to hide from the world the european union's foreign policy chief also responded to netanyahu his presentation federica marini said she didn't see israel's prime minister putting into question iran's compliance with the deal and political science professor dr magic both rose says the claims of the israeli prime minister are unjustified. it's a mess that piece show and yeah and this is not the first one he's in no position to talk and. any country of sliming to have. with the proliferation treaty.
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used to sign it but he did leave germany has responded immediately had a press release saying that it's going to examine the. iran is. the only one is who was not convinced or wants to put out. for a well known reason. u.s. president donald trump has said that getting rid of nuclear weapons on the korean peninsula will make the world a safer place he also expressed confidence that his meeting with the north's kim jong un would happen soon his remarks come in the wake of friday's historic summit between the leaders of north and south korea during which the two sides committed to denuclearize ation and vowed to sign
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a proper peace treaty meanwhile donald trump's national security adviser says that the korean denuclearization process should be modeled on what happened in libya will president trump in assessed that can give up ship out all of those nuclear weapons all of those nuclear fuel all of those ballistic missiles before the u.s. makes any concessions yeah i think that's what denuclearization means and we have very much in mind the libyan model from two thousand and three two thousand and four when i was back in two thousand and three that libya agreed to eliminate its weapons of mass destruction these might have gas dia takes a look at how all of that. remember the colonel colonel gadhafi he once had the nuclear program scary stuff a despot with nuclear weapons so the world sanctioned him pressured him punished him eventually colonel gadhafi offered to scrap his nuclear program the
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u.s. and britain made the deal all hush hush they lifted sanctions resurrected relations made friends seven years later they came back and helped to kill him. he died painfully tortured alone in the desert his army having been obliterated by the u.s. britain and allies his murderous freedom fighters they called them then would go on to plunge libya into our naki killing thousands many and the place on terror lists later pundits in america in europe in korea would write that perhaps gadhafi giving up the only weapon that could have protected him was a bad idea in pyongyang's view the libyans took the economic bait foolishly
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disarmed themselves and once they were defenseless were mercilessly punished by the west the president a firm really been leaders gadhafi his brutal death does not offer much confidence can join in about a safe exit bolivian crisis is teaching the international community a great lesson iran when giving up its nuclear program thought it could get a better deal i want to ask if you're have made up your mind to pull out of that deal and if you do pull out of the deal do you think you worry that sends the wrong message to north korea as you see to enter leclaire talks with kim jong un no i think it sends the right message you know in seven years that deal will have expired and iran. is free to go ahead and create nuclear weapons that's not acceptable seventy years is tomorrow that's not acceptable you can't help but wonder at the logic if there is any it's hard to tell sometimes with trump how is ripping up a nuclear disarmament deal a good thing or
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a good precedent maybe north korea will get it it has now floated the idea that it's too could give up its nuclear program it is important to be positive optimistic look forward don't think about what happened to the last few guys that gave up the nukes maybe mr bolton didn't think about what he was saying he does one north korea to decide right not grow its nuclear arsenal and paranoia or perhaps mr bolton one of the most hawkish and militant officials in the us brought up libya on purpose it seems like they are telling the north koreans don't disarm when they do that because of course north korea like iraq for that matter disarm and then the u.s. invaded them and destroyed them and killed the leaders and killed all the people in the in the ruling circles so you can really tell us to trumpet and you i mean
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you've got one moment endorsing peace at another moment is telling. mr kim that he's going to be. sodomized with a bad net like the. old market or hang them as they did to saddam hussein if the north koreans feel the u.s. is going to destroy their country and would have starved all the countries in that area. the leader of south korea says donald trump deserves to win the nobel peace prize for his efforts and we gauge public opinion on that first in the united states. which world leader has done the most for world peace three. that's a tough one but i guess i'd point to him as a moon of south korea and can you point to which world leader has done the most for world peace out of these three. and we will. hear you tell us why. you are a troll the only one that's been able to get these people to talk to each other.
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the leader of south korea has suggested that donald trump be given the nobel prize oh my god oh my god. yeah that's not going to have. is the worst thing i ever heard no he doesn't deserve any you know but. i find it difficult to give donald trump credit for anything. this is the international barcelona defender gerard piqué turned camera man as his side celebrated winning the up and spanish league title in ten years the catalan footballer grabbed a camera from marty's video ruptly agency that's a film abbas's bus stop parade. i . took the camera video journalist try to get a close up lionel messi and luis suarez were among the players all caught on film
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by p.k. you also managed to capture the moment for thousands of fans locals and tourists who had lined the streets of barcelona to join the victory. i. know your program returns in just a moment. join me every thursday on the alex simon show and i'll be speaking to guest on the world of politics school business i'm showbusiness i'll see you then. for a world cup twenty eight team coverage we've signed one of the greatest goalkeepers of all time but there was one more question and by the way who's going to be our coach. guys i know you are nervous he's a huge star among us and the huge amount of pressure to come out you have to go
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meet the center of the pole with you and do so with all the great good the british good you are the rock at the back nobody gets past you we need you to get down going let's go. along and doesn't want to you know and i'm really happy to join them for the two thousand and thirteen world cup in russia meet the special one come on top of. me to just say the rino p.r.t. teams latest edition make up a bigger certainly better jersey look. it
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is good of you to join us today one of what russia's leading oncologist's has launched a campaign to raise awareness of the dangers of late diagnosis that's after he found out too late himself that he has the disease with very little chance of survival. i'm over the sickness one channel when there was no omission discomfort found out that i was ill but chose to have stomach ache took some pills to still decided to check the book the symptoms meant the scan clearly showed it wasn't you know so a day later i already had the bug narcissistic. with engine yeah but i go in the day i found out i told my wife the news for some
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presents for our kids she panicked started crying hines was shaking and i tried to comfort her as i could told her treatment plans the hardest thing is to help my kids cope. and as election in your back to. the main aim of the project is to give cancer patients as much information about the disease as possible currently the situations that we have a sort of between the patient and the doctor the patients must know everything about the disease the prognosis all possible complications and all the options. they have yet to undertake crimes against women of a college just like. it's been revealed that over migrants enrolled in integration courses in germany have failed to pass basic german language exams and
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that as the country prepares to receive more asylum seekers. picks up the story. for germany welcoming well over one million refugees and asylum applicants over the last three years was just the beginning the tough job comes in well integrating those people into german society that seems to be pretty much something everybody agrees on just ask the chancellor integrated story for the sake of the integration of deterring urging migrants has a very special meaning for us to meet the focus here is to learn german language those who speak german get better involved in our society. and calls for an egg of kirstie added challenges the big number of refugees in germany not to only register the to achieve the task of integration a long term residency will only be granted for refugees fulfilled a task of integration and that's that things have not been going to plan the
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federal office for migration and refugees have just released their latest figures in relation to refugees and asylum applicants taking language courses the numbers make for pretty viewing less than half of those on the course the chief did basic level of language proficiency things like being able to go to the hospital go to the shops or apply for a job while just over forty percent achieved a lower level than that where they say you can understand but not speak the rest well they either failed the course or didn't complete it in its entirety and well that lets them bode well for people looking to get jobs that require qualifications devoted most of the german courses in germany. have rested g.'s. needs another course they need advice from friends and other
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people to improve their germ skills you know it was a good day i had a lot of german friends so i was i willing to integrate and two was a german chorus and two goats. school the integration program doesn't come cheap last year six hundred ten million euro of taxpayer money was funneled into it and they haven't seen a good return on their investment. it can be assumed that a large part of the funds spent were lost because the courses were characterized by dwindling numbers of participants at the top of the program say they need more time but acknowledge that one of the main reasons people don't pass is that they don't show up the classes but others acknowledge that some refugees traumatized by the experiences that they've had while others don't come from a so-called learning culture having never attended school in their native country many off the. basic learning skills because many of them didn't
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attend a school at all it dropped all too early early on so it might pay to it difficult for them to. a foreign language which. refugees entitled to stay only temporarily of law which they fled from this over to return to their countries of origin and we should focus on. teaching them to scared switch to need to reboot their country of origin instead of teaching them some very basic bitch and a long wrongness of no use for them it is a big paradox or because. on the one side whites and populists want that migrants integrate themselves on the other side they say migrants are criminals they generalize they are there bad so they bring a bad culture a primitive culture so this is the real damage because yes migrant i'm not mock
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debates it's myself when a guy has a lot of prejudices against me and says i'm a criminal and he doesn't know me i'm going to merkel announced just recently the job. g.'s in the very near future critics of the move whether it's to take more people already struggling to integrate who live here already. well it is the first of may thousands of taken to the streets of the russian capital to celebrate may day of the festival of spring and labor is celebrated each year on the very first of this month one hundred thirty thousand people marched through the streets of moscow to their final destination and out of the iconic red square of the mayor of the city leading that parade a number of celebrities sports stars and politicians also took part and similar marchers are also expected to be held in major european cities as well being no
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exception no we're expecting some pretty severe demonstrations or even possible protests over emanuel. or shall we say labor reform programs still not going down too well with the populace of the french capital. now in these days of a heightened sensitivity and delicate snowflakes cramming for your college exams can be overwhelming and even reduce you to tears sometimes a hug or even a box of tissues simply are not enough but don't despair one university in utah wants to make sure that if you're going to lose it they've got a special place for you. six.
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weeks. and i
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thank you for joining us here on r.t. international on this may day we are back in half an hour with more. thank. you ok ok. what politicians do something that. they put themselves on the line and they get accepted or rejected. so when you want to be president. or some want to.
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have to try to be for us that's what the four three in the morning can people get. interested in the waters and how. this should be. in the heart of the swiss alps this is a place probably more secretive than the pentagon more mysterious than the cia and better god did than ford in all its swiss customs i hear. all the science is controlled by them and they impose the openings on or so it was it was it took these forms all plus the procedures in place of the strictest in all europe must to pieces by artists like picasso and modigliani i kept boards and sold inside this warehouse so that's where the report comes in that it covers up deals which are naturally discreet commercially discreet stuff but also discreet because they
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concern fraud. and some of those paintings are linked to dog secret sc nobody knows how many of these secrets a kept inside the geneva free pool it's such a position that you'll never obtain an inventory of all the works in the freeport who knows how many there are three hundred three thousand three hundred thousand is it's a matter of confidentiality only is it the world's black box of the art business. for a world cup twenty eight team coverage we've signed one of the greatest goal people . but there was one more question and by the way who's going to be our coach. guys i know you are nervous he's a huge star and a huge amount of pressure you have to the center of the beach. and you told all the great game. you are the rock at the back nobody gets past you we need you to get going let's go. alone.
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and i'm really happy to join our team for the two thousand and thirteen world cup in russia meet this special one. needs to just say the radio p.r.t. teams latest edition make it up as we go. cathy. the texts. that it.
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took on the gun about this stop that's a detail talking too much for. somebody in your. fantasy of a shack iacob off can hike it dark. clouds of smoke and one of my mushroom and i can hike it up sometimes. i may. know troy buswell them about the gang at the met about the cost of just how bad the night the mocks the son and my son will i just googled my mom i am now the home of the mother in law the mother sob sob. my fiance doesn't mean that literally. the. only thing that's going to. get i decide i'm out searching.
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in the sun for the news i live in that comes as you can't be able to say where the commercial looked really. good initially how do was tell it's going to eat a leaky. this is the future as i feel except will say animal shop there. is stuff they want the store she. likes yeah look i'm for that. and therefore for the end of my wish for things. and. donna summer find somebody. i skate able to me just out of a sort of in those don't be. the must win if one has the most remote i'll smoke my . hands in about a half of them in any condition at that minute and i walked off had been magical just about straight out of shot in a small sort of way if i must say that she. must raise
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the fact i do you mean find a good position for many. in or out of town that she's a you know kind is there some sort of in i noticed there. was a global. going on he said the cells i mean but when john mcafee that was thought someone had said i just knew that only with the law that might just be. one of luck and it must seem to me that i might take it in one of the belief that the magma should feel bad that they get it can also be. thought of in the saddest but they'd be at the end they sure will be there to emma put in the. south one on the spot it's a bit much for the knock on the ice in the lower shifts in the shadow watershed with what shade to get you want to keep them on just mostly. and nothing was about them as i had. when i left that i sat next to.
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the to call me when i. come from one of the two. circuits not that. doesn't. like to play such a. label something else and if you didn't ask. i believe you started with the most i found in kandahar the teacher of the mind to try to get out of how much just sit up and sit with the us if we should have so we would have if i was so we must use just one more just math course. that you're starving blacks who are something like nothing i've still got a mobile i was an absolutely fair with us to get out of sight of.
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the land i am on the hook. nothing. except my last hour most of the time to. allow some of the song panic you put away kind of the song that would you need. to. stay just a moment only. so far. i thought. i'd get one down i'm thinking of. the number on. the track near.
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the. start of summer growth of. the band lockdown in my fees this time having to look for some down business aspects from them to easier to narration in my machine went on the hype that may have been freshly album all those must solution of the out years. i mean to tell a bit of the seattle i'm not jealous i. somebody called give well it's not logical. but i am a myth. it's to please that man because she's dead but that will be sad never should've been that the bitch of egypt is that you.
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know somebody's. gonna. get him on the floor in the home to mom mom this is not the time ha. ha ha ha ha ha i've put it all with jamal here. i am. busy out of someone. else other than the all summer long. for me none of us have. to list the best of the good stuff. will help and we'll
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deal. with the one who climbed up and saw someone on the job in a call to the head down on the ice sheet and so. the future of them and their doctor and that will. cause i know who says i'm going to throw them to suddenly be sure that when a vision i'm sure they're going to think that one of the lightest sort of define is that he's done something such as a guy who plans the most muslim by their lives with you. look at them and they're just over and they're the. you know hereford no way in the game assembling a pulse when they mean ok though and pulling the. look. of it will go sort of rise it wasn't because you messed with more butter or.
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if it mumbled the mafia literature well it should be one sonic on the scene i'm going after the ocean. i'm home being i had more than one machine at home bazaar i. did sit kind of knock on the stairs a lot i want to put my mother above that. someone about i didn't like racism because of it in the bible which i know so have made me feel an aside or was awful oh if i want to like pick with mark williams solve it with john mark and him to have much of that live here with them. got ahold of the city got it. only here. on was that i thought the dumbest shit i saw. just walked into town last fall some . other months old in the path of the all that i heard going to have been fairly low as compared
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behaved in my labor says it will fuck. you no luck but us me on one of the. only about most you were there in march one hundred got up but i let you know it. was so good that employment will come to let me know how to. get out of his family and then work that i am here for three months all that and also have to make the decision for the lord not stating anyone this is my mother over there was that her son. had to be federal you have a difficult that we disallow no it was on the floor a muckle it will be that will. be missing under the rock or hold my side of the. well wisher of the farm is but a hug then we got her for growth he is not i want. this made him one of those feel sick me when the so that him and them and i say that i have read how.
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sure are now sending out unless. i thought that i have a duty. to them for the. time. on such of. them either. i.
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think it came. up coming but i'd still be standing in that seat and there was no war but most who are in the field that. is not the whole of them didn't he was living in their lives are they come without much for it. to. get on and.
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you have a cynical one but i'm glad that you know that you must. you know and then it was that one of the all kind of person shows infamous if he knows you and i wish you. would the willingness went as slow the slow going for sleep at least know what it was a single blow when that was sweet well you will be all you need while a much higher that they lack of that storm is that it will soon. the new global economic war is unfolding in the realm of education the right to
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education is being supplanted by the right to access education loans higher education is becoming just another product that can be bullish and sold just not just about education anymore it's also about running a business where you good. luck with the souls. of fellow they couldn't. want is the place of students in this business model before college i was born now i'm running stream or higher education the new global economic wall. seemed wrong. roles just don't call. me old yet to stamp out these they become advocates and gain from it because betrayal. when so many find themselves worlds apart. just to look for common ground.
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in july twenty seventh team hunted up a freelance journalist working with on to militant shelling in syria. to own a second fight scotti has established a khaled all sorts of memorial moves they will recognize war reporters who often risk their lives with the sake of the truth comes through them at least you can submit to your published works in a video form britain format go to a war and don't auntie don't comb into now.
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i would think so not. to some allow. them. to keep going to the. close with their kids have been alluded to feeling. a little. sorry that you know. me or something all that much. because i let. go i was one of i just. i let you know that you saw that but i chatted to him. about that and
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a sunni i don't think it will cut it but i'd be out of it. if. he did. the remove the litigious you know those. you look at that would tell. the jury one it comes it comes in on the good the first the curative emotion be
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done oh i don't know much about the guy that does this i mean obviously it out to be but it would have to be months of thoughtful i think on the eat a lot of. punches thrown something from the car being along just him on stuff fucking hot enough to get the feeling of the month looking fuck up on the marsh are phenomenal people so look out on the day of the sea come i believe even i thought nothing of philip not about that did the same about them are obviously a. little different date. and if he's about to go solving these are. the most up. for class hero your ammo. being how many of them we know he. would listen up. or not to such. a witness who doesn't have the something out there not believe it to be.
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mean but even if it is true there's still the you. know those who. are true. to. do to. get out of there you believe most of those things leave. us to get off the boat to the dunes of the city and do. some downshift get to the end of the search sure enough to come up to the. council with. their. so you come. to know that. you don't become an object to have a difficult time because a little similar to such.
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lists. to. use up on the ceiling is going to make the not hold up a feeling among the number that you both will show you what do you hope to see go up over and is a massive over the phone i was told to use it or the best part of the building was that the feet. of the most could have been to doesn't hold on most of the. games call. it a shuttle. if
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you go to those who. saw the country ahead of the boy. i think in the bottom of the middle if you can look up some of them give them a little scoop is one of them look. good. suttle of the homeless will. get us on the phone all of them.
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still in the morning room full of the song and he must have loved them the lot of the middle school on the level of empathy and none of. the stuff he will fall for i'm. not going to. look odd but it's about an interface a band i like the midwest but i found the help of the not from scott. downplayed chemist's innes well. it's not a matter of fact like most of. the time mail the fact i'm home from san angelo. translation i'm this it's a banging from old ones of all my fifty and. if it's not sebastian and someone looks like an arse from slash your mouth was once about behind mr and what is your life upbeat message.
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for. you. if you. could feel. the sting of the. kid on the way still.
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not enough to live. they. also believe that i have. a friend this year is our neighbor and there are no problem oh schlemiel and the pump will soon and will you measure back every single year i'm sure i'm in the hot tub i've never heard her speak up the subject. that i would. take. the other look with. a look without the data from. just that it was somebody in the media is the.
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sort of areas of. thought and i saw a hundred in the. ten days and more like. it's being delivered today i see. you're still back i'm still looking. at a live. look at. some. total. allowance and i am dead but if. you. have. to.
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come that level but you are wildly out of shape and beat on him do. you know the. sorts of daddy's new. shape the boys will have moved surely. you are going to the mom my dad mentioned and measure the softness and the soft of the sublime enough to let him down. below me all of my beauty that size could be school or gone and i sure would have been. more had to. be out of. staters to hear a little of me. in the. world of behind beauty of us
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a little female the more the female what with the still of me a lot of my gun and a mystery. to learn of how to meet again in the heart of. limitless. and the more you look like feel that. it's just such an. old. other arabs have been saying that. to get the baby. from the home that's the. good of them building one that was good at it i'm
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a sucker for the deer that a little bit of that i don't know let's just sort of let's. keep it against the law and i tell that to my mind open to any we'll. i think that's you know there's a bit of a yankee michael not one hundred. percent that review is a little article had there anybody was so small as it is i mean found have been. given to us as you know the sort of. placement of the i'm sure i don't know. really ambitious he did. one. for the times you're here. in the spin room but i can look at it now but maybe the . glare of the dark. shade in one ear and then cherry that i meant i don't feel it does feel that i can
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love the way that i left myself. but i do look at the limit the. fact that i'm learning to be dead so i hear my thoughts to is that i've gotten older i am making the right you. know current going to have to be out there with and i have got it i mean you are you know back to helping me just adds.
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kamel is one of the most controversial products of alzheimer's it's a solid vegetable fat that's very cheap. twenty seventeen production grew to sixty three million tons that rapid growth in international demand for cheap oil has led to the massive expansion of plantations which means the destruction of rain forest . get into the zero a lot more than ten million typed as of unique rain forest has been destroyed and it's a process that just keeps going. max kaiser financial survival guide liquid assets are those that you can convert music as quite easily. to keep in mind though as if i'm into
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a place. where. in the heart of the swiss alps this is a place probably more secretive than the pentagon more mysterious than the cia and better guarded than for knox customs are here permanently all the site is controlled by them and they impose the opening times. it is from the procedures in place of the strictest in all europe masterpieces by artists like pecan so and modigliani can't boards and sold inside this warehouse that's where the report comes in it covers up deals which are naturally discreet commercially discreet but also discreet because they concern fraud. some of those paintings are linked to dark secrets nobody knows how many of these secrets a kept inside the geneva freeport system you'll never obtain an inventory of all
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the works in the freeport who knows how many there are three hundred three thousand three hundred thousand is it a matter of confidentiality only is it the world's black box of the art business. well. when the ruling classes protect themselves. with the final. say. to tell you one thing. israel's prime minister tries to convince the world that
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iran is not to be trusted with donald trump. the historic nuclear deal and. the us president says negotiations with north korea. will go ahead security adviser says what happened in libya. as a model. and one of russia's leading. launches an awareness campaign late diagnosis of finding out he has the disease himself. now on tuesday may the first moscow a very warm welcome to you from all of us here at. israel's prime minister who is rather well known for his use of props during big speeches has gone all out to
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prove once and for all that iran lied about its nuclear ambitions he wheeled out thousands of documents on c.d.'s of evidence as part of a grand powerpoint presentation. bid to persuade the world comes with just twelve days to go when told donald trump said that he would scrap the iran nuclear deal. tonight i'm going to tell you one thing iran lart the evidence well that lies in this filing cabinet allegedly thousands of documents and c.d.'s half a ton to be precise proven conclusively tehran misled the world about its nuclear plans both before and after the twenty fifteen agreement we've known for years that iran had a secret nuclear weapons program called project them out hailing this as a significant development and a great intelligence achievement that the all who was sure iran has one reason and one reason only to hide this information why would
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a terrorist regime hide. and meticulously catalog good secret nuclear files if not to use them at a later do a state hiding its nuclear weapons program what other country would do such a thing some will remember netanyahu twenty twelve un speech and the cartoon bomb iran's foreign ministry has already called his presentation a propaganda show but are you sure here is also a serious one since the onset netanyahu has been an ardent critic of the iran agreement so this is a terrible deal. i think this deal is a bad thing to do or it should never have been concluded. and in a few days. president trump. will decide well makers the solution on what to do with the nuclear deal. i'm sure he'll do the right thing the right thing for the united states. the right thing for israel and the right thing. with.
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this development comes at a crucial time for this international framework in less than two weeks president trump will decide the future course of u.s. action is likely to differ strongly from the other members of the five plus one group despite last week's niceties touring president micron's visit to the states so far has kept his cards close to his chests we'll see what happens his favorite phrase whatever does come about on may the twelfth there's a new york who will do all he can to convince the world that scrapping the deal is the right way forward even at the cost of years of negotiations and the delicate regional power balance hailed as a huge diplomatic success the iran nuclear deal was hammered out back in twenty fifteen between the u.s. china the u.k. russia france germany and of course iran the negotiations took nine years ending a decade long standoff over iran's nuclear activities tehran agreed to strict
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limits on its nuclear program and to opening its facilities to international experts in return some sanctions against the country lifted. the white house back the israeli prime minister's presentation saying in its statement that iran had a robust nuclear weapons program that it's tried and failed to hide from the world the european union's foreign policy chief also responded to netanyahu his presentation federica marini said she didn't see israel's prime minister putting into question iran's compliance with the deal and political science professor dr magic both rose says the claims of the israeli prime minister are unjustified. it's a masterpiece show by yeah and this is not the first one he's in no position to talk and criticize any country of its learning to have.
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with the non proliferation treaty he declined he refused to sign it repeatedly germany has responded immediately had a press release saying that it's going to examine those documents they are sure that iran is a boy doing. the deed the only one is trump who is not convinced or wants to pull out and. provoked a need for a well known reason. u.s. president donald trump said that getting rid of nuclear weapons on the korean peninsula will make the world a safer place he also expressed confidence that his meeting with the north's kim jong un would happen soon his remarks come in the wake of friday's historic summit between the leaders of north and south korea during which the two sides committed
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to denuclearize ation and vowed to sign a proper peace treaty meanwhile donald trump's national security adviser says that the korean denuclearize asian process should be modeled on what happened in libya. will president trump in the sickest that kim give up ship out all of those nuclear weapons all of those nuclear fuel all of those ballistic missiles before the us makes any concessions yeah i think that's what denuclearization means and we have very much in mind the libyan model from two thousand and three two thousand and four because it was back in two thousand and three that libya agreed to eliminate its weapons of mass destruction. takes a look at well what we all know about worked out. remember the colonel colonel gadhafi he once had the nuclear program scary stuff a despot with nuclear weapons so the world sanctioned him pressured him
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punished him eventually colonel gadhafi offered to scrap his nuclear program the u.s. and britain made the deal all hush hush they lifted sanctions resurrected relations made friends seven years later they came back and helped to kill him. he died painfully tortured alone in the desert his army having been obliterated by the u.s. britain and allies his murderous freedom fighters they called them then would go on to plunge libya into anarky killing thousands many and the place on terror lists later pundits in america in europe in korea would write that perhaps gadhafi giving up the only weapon that could have protected him was
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a bad idea in pyongyang's view the libyans took the economic bait foolishly disarmed themselves and once they were defenseless were mercilessly punished by the west the president a firm really been leaders gadhafi his brutal death does not offer much confidence can join in about a safe exit the libyan crisis is teaching the international community a great lesson iran when giving up its nuclear program thought it could get a better deal i want to ask if you're have made up your mind to pull out of that deal and if you do pull out of the deal do you think you worry that sends the wrong message to north korea as you see to enter leclaire talks with kim jong un no i think it sends the right message you know in seven years that deal will have expired and iran is. to go ahead and create nuclear weapons that's not acceptable seventy years is tomorrow that's not acceptable you can't help but wonder at the
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logic if there is any it's hard to tell sometimes with trump how is ripping up a nuclear disarmament deal a good thing or a good precedent maybe north korea will get it it has now floated the idea that it's too could give up its nuclear program it is important to be positive optimistic look forward don't think about what happened to the last few guys that gave up their nukes maybe mr bolton didn't think about what he was saying he does one north korea to the somme right not grow its nuclear arsenal in paranoia or perhaps mr bolton one of the most hawkish and militant officials in the us brought up libya on purpose it seems like they're telling the north koreans don't disarm when they do that because of course north korea like iraq for that matter disarm and then the u.s. invaded them and destroyed them and killed the leaders and killed all the people in
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the in the ruling circles so you can really tell mr trump when you i mean you know one moment endorsing peace at another moment is telling. mr kim that he is going to be. sodomized with a band that like the. old market off or hang them as they did to saddam hussein if the north koreans feel the u.s. is going to destroy their country and would have starved all the countries in that area meantime the leader of south korea moon jai in says donald trump deserves to win the nobel peace prize for his efforts so we gave the public opinion on that matter first in the united states. which world leader has done the most for world peace three. that's a tough one but i guess i'd point to him as a moon of south korea and can you point to which world leader has done the most for world peace out of these three. and we will. hear you tell us why.
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the only one that's been able to get these people to talk to each other. the leader of south korea has suggested that donald trump be given the nobel prize oh my god no he doesn't do that and you know what. i find it difficult to give donald trump credit for anything is the worst thing i ever heard oh my god. yeah that's not going to have. it is our team's international boss i learned friend gerard piqué turned camera man as his side celebrated winning best spanish league title in ten years the catalan footballer grabbed a camera from a video agency ruptly to film boces bus stop parade. i. was i.
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took the camera after our video journalist tried to get a bit too close lionel messi and luis suarez were among the players who were caught on film by p.k. you also managed to capture the moment for thousands of fans locals and tourists who had lined the streets of barcelona to join the victory parade. i. was a military show and it is book looked like turning into a horror show when one of the participants fell right in front of a rolling six ton tank somehow though he escaped with his life and even managed to get the stealthy video. coupons close. her. skirt. and give it to me a. lot of since you're close it's obviously
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a little settlement. and for us if we're back in just a moment. what politicians do something to. put themselves on the line. to get accepted or rejected. so when you want to be president i'm sure. more some want to press.
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you to do right to be for us that's what the four three in the morning can't be good i'm interested always in the waters in the. first city. we're.
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going to join us today one of russia's leading on call it just has launched a campaign to raise awareness of the dangers of late diagnosis and soft he found
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out too late that he has the disease himself with very little chance of survival. i'm overly cygnus what channel when there was no oldish the discomfort found out that i was ill but chose to have stomach ache took some pills to still decided to check the book the symptoms meant the scan clearly showed it wasn't schumacher so a day later i already had the cognos necessary. for the judge and yeah but it was the day i found out i told my wife the news truthful some presents for our kids she panicked started crying sometimes with
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shaking to try to comfort her as i could told her what treatment plans to hold this thing just to help my kids. and there's a lesson in there but that means. to me aim of the project is to give cancer patients as much information about the disease possible currently the situations that we have a small so between the patient and don'ts of the patients must know everything about the disease the prognosis for possible complications and all the options. to get the funding for your friend of a college. it's been revealed that. migrants enrolled in integration courses in germany have failed to pass basic job and language exams that says the country prepares to receive even more asylum seekers peter all of
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a investigates. for germany welcoming well over one million refugees and asylum applicants over the last three years was just the beginning the tough job comes in well integrating those people into german society that seems to be pretty much something everybody agrees on just ask the chancellor integrated story for the sake of the integration of to turkish origin migrants has a very special meaning for us to meet the focus here is to learn german language those who speak german get better involved in our society. under the whole flooding is a curse the other challenges the big number of refugees in germany not only register the to achieve the task of integration the long term residency will only be granted for the refugees for the task of integration and that things have not been going to plan the federal office for migration and refugees have just released their latest
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figures in relation to refugees and asylum applications taking language courses the numbers make for pretty viewing less than half of those on the course achieved a basic level of language proficiency things like being able to go to the hospital go to the shops or apply for a job while just over forty percent achieved a lower level than that where they say you can understand but not speak the rest well they either failed the course or didn't complete it in its entirety and well that lets them bode well for people looking to get jobs that require qualifications the most of the german courses in germany after all have rested g.'s. needs another course they need advice from friends and other people to improve their germ skills you know for me it was a good day i had a lot of german friends so i was i willing to integrate and too was
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a german course and to go to school the integration program doesn't come cheap last year six hundred ten million euro of taxpayer money was funneled into it and they haven't seen a good return on their investment. it can be assumed that a large part of the funds spent were lost because the courses were characterized by dwindling numbers of participants both at the top of the program say they need more time but acknowledge that one of the main reasons people don't pass is that they don't show up for classes but others acknowledge that. some refugees traumatized by the experiences that they've had while others don't come from a so-called learning culture having never attended school in their native country many. basic learning skills because many of. didn't attend school at all it dropped all too early. so it might be too difficult for
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them to. a foreign language rich. refugees entitled to stay only temporarily abroad which they fled from over there to return to their countries of origin and we should focus on. teaching them to switch to need to reboot their country of origin instead of teaching some very basic german which and along wrongness of no use for them it is a big paradox because. on the one side whites and populists want that migrants integrate themselves on the other side they say migrants are criminals they generalize they are their bets they bring about culture a primitive culture so this is a real damage because yes migrant i'm not mock debates it's myself when a guy has a lot of prejudices against me and says i'm
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a criminal and he doesn't know me i'm going to merkel announced just recently that germany will accept another ten thousand refugees in the very near future critics of that move for asking whether it's why take more people when germany's already struggling to integrate the youth who live here already. thousands have taken to the streets of the russian capital to celebrate may day of the festival of spring and labor is celebrated each year on the first of may one hundred and thirty thousand people marched through the streets of moscow to their final destination of red square and the mayor. the city leading the parade a number of celebrities sports stars and politicians also took part in similar marches or are expected to be held in major european cities as well particularly in paris where thousands are expected to protest a man your latest economic reform. in
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these days of heightened sensitivity and delicate snowflakes cramming for your college exams can be overwhelming and even reduce you to tears sometimes a hug or even a box of tissues simply are not enough but don't despair one university in utah wants to make sure that if you're going to lose it they've got a special place for you.
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thanks for joining us here on this may day program we are back at the top of the hour with much. in july twenty seventh. a freelance journalist watching was on t.v.
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the militant shelling in syria. to only his second fight scotti has established a holiday memorial the lives they will recognize his crew often risk the monks with the sake of the truth comes through that you squeeze can submit to your published works in a video. conform to a war don't auntie don't come into now. the new global economic war is unfolding in the realm of education the right to education is being supplanted by the right to access education. higher education is becoming just another product that can be pulled and sold so this not just about education anymore it's also about running a business and what you good. luck with this also. couldn't you. want is the place of students in this business model for college i
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was born now i'm an extremely more higher education the new global economic war. so what we've got to do is identify the threats that we have it's crazy foundation let it be an arms race often spearing dramatic development only personally i'm going to resist i don't see how that strategy will be successful very critical time to sit down and talk. in the heart of the swiss alps this is a place probably more secretive than the pentagon more mysterious than the cia and better guarded than for knox customs. and all the science is controlled by them and they impose the opening time so if. it is from is all plus the procedures in place of the strictest in all europe must to pieces by artists like picasso and
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modigliani i can't boards unsold inside this warehouse that's where the report comes in it covers up deals which are naturally discreet commercially discreet but also discreet because they concern fraud. some of those paintings are linked to dark secrets. nobody knows how many of these secrets i kept inside the geneva freeport. you'll never obtain an inventory of all the works in the freeport who knows how many there are three hundred three thousand three hundred thousand is it a matter of confidentiality only is it the world's black box of the art business. this is boom bust broadcasting around the world from right here from the white
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house washington d.c. i'm partial to. coming up today most of the tech stocks absent apple have reported their first quarter earnings will take a look at what the future holds for last year's leading sector can the growth continue will ask the c.e.o. of the stock melissa our mo plus our t. correspondent ashley banks to tell us about big tobacco profits and baby and there's new news about that southwest airlines flight where the engine blew apart killing one person former national transportation safety board director jamie finch joins us for the latest and the third time may be the charm for team mobile and sprint will have a dream to join forces but will antitrust officials allow the merger to go forward artesian alex mahela the joins us to discuss all of that ahead but first to some stories topping today's. and speaking of and i trust final arguments were made today in the antitrust case related to the proposed merger of a t. and t.
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and time warner the justice department originally filed suit last november to prevent the merging of the two media go elias the antitrust unit at the department argued that the intraday shouldn t. is just your buescher of assets including direct t.v. with time warner is ponton sources including h.b.o. and turner networks would create an entity with the motive and the means of the keywords the motive and the means to get out of direct t.v.'s distribution rivals with higher prices if rivals were to balk at the higher prices a unified a t. and t. and time warner could demand the d.o.j. argued the newly merged entity might see. simply expand market share by keeping the content for itself the eighty five billion dollar merger will now be in the hands of federal judge richard leon who has seemed skeptical of the key premises of the government's and i trust case. and more news on wal-mart's shifting strategy to
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conquer new market share in india last week we reported on wal-mart's plan to acquire india's top online retailer flipkart putting the arkansas based real tailor in a position to challenge amazon in that emerging market now the wall street journal reports that the flip side of wal-mart's play for india is a move to divest itself of hundreds of stores in brazil and the u.k. wal-mart reported plans to sell about jordi stake in its united kingdom's base grocery store chain as the to competitor j. sainsbury while keeping a forty percent stake as well as selling a controlling stake in its brazilian business advent it to advent international wal-mart currently operates six hundred as the stores in the u.k. and four hundred sixty five wal-mart's in brazil. wage and salary news alphabet incorporated owner of google has announced the median pay for its workers the point where the wages of half the employees fall below while half half
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of the others make more it's reach one hundred ninety seven thousand dollars those figures make alphabet the four highest paying company out of three hundred ninety seven of the s. and p's five hundred firms that have already disclosed pastis to sticks as of last friday but still left alphabet alphabets media and lagging behind that of rival facebook where median pay is two hundred forty thousand dollars interestingly median pay at amazon which as you recall released an impressive earning statement last week legs well behind these companies that are often mentioned in the same context median pay at amazon was less than twenty nine thousand dollars or under fourteen dollars. an hour and now we move to talk tech stocks and one of our greatest pleasures hidden life is to be joined by the c.e.o. of the stocks to our melissa thanks for being with us as we reported on the program the tech sector came in a hot and heavy with their q one earnings microsoft amazon intel and facebook all
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did well and those earnings came amid some public relation problems for a few in particular facebook as we know but how overall did do the fundamentals look for the tech sector going going forward. well you know what i think on all is so far apple has reported that you're talking about the couple stocks that have reported netflix reporting google reported amazon reported but you know their earnings reports were going fundamentally they were good but i got to tell you as far as the stock charts go technically i was disappointed about the reaction about the reaction the stocks had right after the earnings none of them rallied even the stocks that kept up after the airings did not rally so we didn't see any follow through on the positive fundamentals in the reports of the positive technical jump up that happened overnight in the game you just didn't see any solid through so i don't know what's going to happen tomorrow night with apple but i know one thing it needs to see some follow through and apple's the one wire that still is still out there but do you think maybe the reason they didn't get sort of. jump there
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after the reports was this concern about potential regulation we know that the europeans are going to impose regulation beginning on may twenty fifth the day after those hearings with mark zuckerberg are so concerned not concerned but it looks like there is a possibility it will be regulations although there are a long way off in the u.s. do you think that might be something that is sort of tempered the expectations for future growth of the tech sector well i don't know if it's going to have a impact on the growth for long term but obviously it has i think right now for this earnings season second quarter it might have something to do with the e.u. is going to be regulating i guess to regulation start in may for facebook is one of what the privacy concerns i don't know what's going to happen they had to testify that mark zuckerberg testified in front of congress a couple weeks ago but nothing really came of that in the u.s. so i don't know what's going to happen in the us with that but i will tell you overall what i feel when i see the charts when i look at them technically no one
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seems to be really wanting to jump in and buy them as far as big institutional money power money there it's not coming in a full sweep and buying up these stocks now these stocks you got to remember about big huge moves two thousand and sixteen two. thousand and seventeen all these stocks made brand new all time highs that's why that's what helped the market with you had these stocks leading the way tech stocks and so on they're really feel kind of heavy right now even though they're still in strong up trends overall nobody is coming back in and buying them whether it's because of all these regulations or the threat of regulations all over the place i don't know but no one seems to be that interested in buying that netflix is the only one that really hide a little bit of follow through on the earnings report where it traded a new highs and was green amazon made new highs on the earnings last thursday night but it really dropped to drop them friday morning and drop big oil i wonder talk about amazon specifically i wonder melissa if you know amazon is so expensive they really have to keep their like
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a shark right they have to keep growing they have to keep eating and getting bigger otherwise they're pretty hefty valuation to take on do you think that these big stocks like it like an amazon you know those are good investments you should investors be looking for some of the smaller or even some of the larger specifics like intel we're always going to need chips it seems what's your view but i don't think these stocks are bad investments again they're still in the trends but i don't think right now is a good time to buy and if you're ready in them long term investing home they're fine they're still strong we could see better earnings report and better reactions into the later fall of the end of two thousand nine hundred for these companies i would say i actually don't think anything looks like a buy to me right now except for to be honest with each a poll today which is not fang stock but that's the only stock right now i'd say go you can go long because that that stock did a correction on the earnings report last week but as far as buying right now i wouldn't buy any of them it doesn't mean the charts are bad investments if you're ready and then hold as far as buying things that are cheaper no i wouldn't do that
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either i think this is just not appearing to be buying right now everything has had a good rally and i would wait until probably next quarter earning season to buy back in or when the market starts to look better the market fell today the market fell on friday that market. in the markets nowhere near the highs right now the market feels heavy to me well i wonder about you know the it's easy for people on t.v. and elsewhere to sleep well bar the dips but the artistry as it were is really is when is the do i mean we know facebook for example has taken a big dip but is it done dipping is there another shoe to drop so your advice is sort of hold off for a little bit but i would say my philosophy is don't buy don't you don't buy dips you buy into momentum when the momentum is trading up so for example facebook would have been a good buy if it had kept up huge and rallied big time it failed to do that so let's look at the next one out tomorrow night may first apple reports if apple gaps
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in a big way and reilley shows that ryan into the open and rallies it'll pull the whole market a pull the whole sector up i don't know if it's going to do that but i know there's a lot of expectation around this report why because it's the first report since they have the tax law passed in december and there's this this tax law says you can repatriate monies back to the u.s. with lower taxes fees to be thirty five percent is going to be fifteen percent to bring this money back so apple is going to bring over two hundred fifty billion dollars back to the u.s. supposedly and we're going to talk more about that and that's going to happen and they may increase the dividend so we'll see how it reacts to that but all of those things might be positive for the stock in a reaction where it would provide an opportunity to buy apple tomorrow night or maybe buy some these other stocks that have been dragging but i would say netflix would be the next one to watch but they've all got to move together in other words if apple fails. down earlier instead has a negative reaction and falls or even gaps up like the rest haven't fallen like
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amazon did on friday then they're still not buys in this place in this time right now and you've got it you've got to wait i don't like the idea of buying gifts that's not what i do i don't teach people to do that at the stock's wish people have to buy momentum you. want to go with when it's moving you want to take a position and get the left and if something if you're short something you want to eat you would short something when it's falling so you buy stuff that's moving higher and none of the reports none of the stocks really solid that movement which was what was disappointing except for netflix it just had a little bit of a move up but it never followed through that because google amazon the rest of them kind of went boom and they just fell we will be watching you're always full of great information melissa our host c.e.o. of the stocks thank you for your time thanks for having me. and to clear away the smoke and give us a clearer picture of some of the tobacco profiteers r.t. correspondent who also tells us about the move towards actually that's rated barred
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smoking cigarettes are looking to be a thing of the past and in its place modern smokeless tobacco also known as reaping still tobacco companies are profiting more than the average that's due in part because cigarettes are more expensive than they've ever been the industry's profit margins are growing every single year and according to the wall street journal since two thousand and seven the profit margins have gone up by seventy seven percent. and the mid one nine hundred ninety s. there were seven major players in the tobacco market today there are just two altria and reynolds american both companies are making large profits sensitives that show americans are spending more on tobacco products than on beer and soda combined although the defacto industry isn't taking a big financial hit now it could in the future as fewer americans are smoking tobacco and are transitioning to a vague thing they ping is the act of inhaling and exhaling a vapor produced by an easy cigarette or similar device the particles within the
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vapor contain varying amounts of toxic chemicals which studies show are linked to cancer respiratory and heart disease was both altria and reynolds american have a stake in vaporing as experts say the tobacco industry will see a decline in the coming years. now according to the centers for disease control and prevention more than nine million adults bathe regularly here in the u.s. that's about one in ten americans most people say they are motivated to use e. cigarettes because they can smoke indoors and they happen to be cheaper than other tobacco products however the majority of those who regularly also use a regular tobacco products they're for keeping the back of industry alive now the c.d.c. and the food and drug administration also found of a ping as popular among middle and high school students the reasons for doing it peer pressure the availability of flavors and the misguided idea that east
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cigarettes are less harmful than other forms of tobacco which experts argue is not all true and beeping shouldn't be looked at as a healthier alternative that now according to a business insider the global east cigarette and vaporizer market is slated to grow by twenty percent over the next decade due to its popularity the industry could reach sixty one point four billion dollars by the year twenty twenty five globally now bart it'll be interesting to see what happens to the beeping industry in the coming years as there is an ongoing debate within the health circles questioning the role east cigarette should play in our society thank you actually push it. time now for a quick break but hang in here when we return we'll be joined by former national transportation safety board director jamie to help us learn the latest on that ill fated southwest airlines flight which killed one person plus after two failed
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efforts the third time they seized a charm for mobile and slipped through have agreed to join forces in try to cross officials allow the merchants to go forward are she's telling them are with the joint just as we go to break here are the proverbial numbers at the polls and bill will with the only greedier on the board today back in the fore. because of. the book the beyond. the beyond
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. anything that interrupts free trade interrupts freedom and i think in the us freedom is a reversion back in the of feudalism and we see that happening right now the united states and presumably here in canada as well that is concentrated in a few or fewer hands bradway a river of the risk of neil feudalism on the horizon crypto is is the answer in my view and it is an asset class and it is gobbling up market share and the us dollar is still all three are money is don't. pummel is one of the most controversial products of boats on the it's
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a soviet vegetable fount that's very cheap. twenty seventeen production grew to sixty three million tons that rapid growth in international demand for cheap oil has led to the massive expansion of plantations which is the destruction of the rainforest. given to these you alone more than ten million typed in as of unique rain forest has been destroyed and it's a process that just keeps going. welcome back the world's largest oil company saudi aramco as announced the names of five new members of their board of directors and the list includes the first woman to ever sit on aramco as board the move comes in the wake of saudi crown prince
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mohammed bin solomon m.b.'s his recent tour of the united states and ahead of a planned initial public offering an i.p.o. of five percent of iran's coast stuck to be held late this year or early twenty nineteen the appointment of a female board member also helps aramco to distance itself from the kingdom's record on women's rights over the weekend saudi authorities expressed official outrage after a wrestling event and jet of the town of jetta briefly broadcast images over saudi airwaves of women whose clothing did not conform with the official dress codes can imagine what they say about w w e's trish stratus the crown prince has been eager to improve the image of the feudal monarchy ahead of the i.p.o. and his expected ascent to the throne the kingdom is also currently waging war including a blockade on food and medicine against its neighbor yemen earlier this month the united nations secretary general antonio the terrorist said yemen is the single worst humanitarian crisis in the world. london's financial times is reporting that
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the deputy chief executive the french bank society general greed to quit and exchange for a softening of a penalty of demands from the us department of justice soc gen is accused of attempting to rig the key london interbank offered rate otherwise known as libel or the rate at which banks lend to other banks overnight because the rate is so central to banking operations even a modest pressure on that rate could result in wide gains for an investor who have knows what such fluctuations in advance so former deputy director director. executive i'm sorry former deputy chief executive didier ballet of soc gen in march left after the justice department prosecutors said that if bell lay and other executives that deal j. suspected of involvement in the alleged manipulation did not resign they would demand that the soc gen see agree to outside oversight and pay a higher fine if you might wonder if my old agency the c f t c is also involved in
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the investigation the answer is a big yes i was involved we were there we actually started those lie borne best again which impacted so many investors. and southwest airlines is being sued by a passenger on that ill fated flight on april seventeenth which took the life of another passenger jennifer real good the jets engine blew apart damaging a window and causing ms reardon to be partially pulled out of the plane the lawsuit filed on behalf of passenger liliya schabas who was in a seat three rows behind ms reardon contends that ms job it continues to suffer severe personal injuries including p.t.s.d. post-traumatic stress disorder which includes anxiety emotional distress and depression she also received personal injuries to her body from the incident and here to bring us up to date now the speed of what's going on surrounding the matter is former director of the national transportation safety board jamie fitch jamie thank you for coming back we sure appreciate this let's start with the case that
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was just filed i got to imagine this is a difficult thing when you were director of n.t.s.b. play a part of what you did was try to comfort these families etc and it's right after something is happened and i imagine that you know there is this thought out there about pending lawsuits maybe not against the government but against the carrier in this case potentially gets the engine manufacturers how do you deal with that delicate circumstance jamie that's an excellent question that's one that came up in a for many years in the aviation industry and in one thousand nine hundred six after t.w.a. eight hundred crashed off of the long island congress passed the the family assistance act which it was the first time when the n.t.s.b. was given the authority to deal with the families on a official basis and officially ad hoc n.t.s.b. was already addressing the family's needs we've seen the family's needs but this is an issue that and it is
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a prime example of how when the attorneys start getting circling the wagons if you will and that's what the attitude was prior to the one thousand nine hundred act and so once we had the. authority and we saw that we could work with the families assisting them properly you're never going to eliminate lawsuits but you can temper down the anger and he's got to be careful you don't say something like yeah that airline stinks or that benj it was faulty and then all the sudden you're involved in a lawsuit as a government official right right that's exactly right that's one of the reasons why the n.t.s.b. is very slow and methodical with the information they come out if they find something that's an emergency that needs to be addressed immediately before the because these investigations take about a year you know and so if there is something that they need to address immediately they will but otherwise they need to be very careful in the thought of and make sure and certain that everything that they release and say is factual and factually based so you say that they usually take about a year now this was
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a one of those huge things but we're only two weeks into it what do we know so far about the investigation so far right now it's very limited information that's coming out of the n.t.s.b. and that's rightly so the information that they're they don't want to release releasing any false information or misleading information the n.t.s.b. is main stock in trade is their reputation so to be able to maintain their reputation they are very careful with that and they protect it with all at all costs the we do know this they are looking at the blades they're looking at the maintenance records they're looking at the thread weights on the jet engine and it's a particular engine and is it just on the sangean is it just on these seven thirty seven three hundred well actually it's a seven thirty seven seven hundred seven and yes it's the this particular engine was the c f e m fifty six seven b. and the mix that that is. it's international which is
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a joint venture between general electric and saffron as a little cranky engine in part at least a g.e. has is that it's a joint venture between those too. so there's there's thousands of these out there how much of a southwest flight for example has these planes with these engines any idea well it's going to it's somewhere in the. somewhere in the four to five hundred range of what seven hundred. of their fleet is about eight hundred ok theoretically and i don't want to jump to any conclusions as i say you got to be deliberate and i know that from my time in government but if they said these engines are a problem i mean it could theoretically just theoretically try to put southwest out of business if they said you can't fly these planes they're not going to you know telling them which is a yes you're absolutely right i mean because this this this type of aircraft this seven hundred series is the bulk of the largest bulk of the the southwest fleet ok so we anticipate jamie that there will be some news about increased in scope
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they've already started some of those how spec sions yes but with regard to these in the in the next with other carriers perhaps absolutely there are sixty right at the very beginning sixty air carriers airlines were already starting to utilize in russia to do these tests on this but but seven thirty seven the type of engine there are there are three hundred airlines that fly c.f.m. engines and we're talking about ten thousand or so seven thirty seven s. in the air not now all of not all of those are going to have the c.f.m. engines but they are going to be there are they the southwest has already announced that they're taking extra precautions and even checking other engines to make sure we'll keep an eye on it re pritchett you bring us up to speed jamie lynn's former director of n.t.s.b. sure appreciate your time thank you.
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and will the third time be the charm for a merger between sprint and t. mobile well sprint has now said yes to t. mobile's twenty six billion dollar offer but approval by federal antitrust regulators the same folks we were speaking with earlier that are arguing against the a t. and t. time warner deal that that approval is required before a deal can be done if approved the new company would be the second largest wireless carrier with roughly one hundred million customers the u.s. would be left with only three national wireless companies verizon the largest the new team mobile sprint company and eighty and t. and here are discusses r t l r t s alex mahela bitch who joins us from toronto what he's been following where he's been following the story alex what do we know so far this news just been breaking in the last twenty hours or so what do we know so far . well you know if what you said i mean this has been years in the making for years down and back during the obama administration this merger did not seem like the best of ideas simply because of the regulators you spoke of as well as the f.c.c.
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they were inclined at that point not to accept a deal of this magnitude to go through of course you know the thought of monopoly pop in your mind when you only have three massive providers so now the climate the according to both team obama and spirit seems to be a little bit better under the trumpet ministration they're going to gamble they might toss out the dice and hope for the best and see that if this deal can actually be pushed through under this administration look it's a twenty six billion dollars deal mostly stocks and the t. mobile is basically taking the sprint t. mobile as the bigger of the two companies worth about fifty five billion and then sprint would be absorbed into it to a new company and guess what they're going to be called t. mobile so we're seeing this thirty third entity coming to existence if that happens it will be a big three then obviously now both these companies together have about sixty billion dollars in debt so moving forward this would be a good merger so they can fight this debt together and obviously when they're fighting against eighty and t.
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and verizon those are two massive companies this gives them a bit of a gain when it comes to the whole deal of who who can fight through this war of wireless better than the others so this actually puts them into a position where they can play the game a little bit better than they would have been able to before alex this may be a loaded question it probably is big and may be something that's going to be discussed in court if they goes the route they did with a t. and t. time warner but but how do you think this might impact consumers. you know there's two sides to this story of course and i are going to talk to t. mobile and sprint they're going to tell you this is a great can for consumers they can put better packages together because they can lower prices because now the two organizations are together which means less new use for for the infrastructure that they have and for the amount of people that work for the two organizations also they're saying this will be much much better way for them to be able to invest into five g. technology and be able to roll it out more quickly but if you talk to consumer
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advocates they'll tell you a very different story and that breaks down to what we just mentioned which is competition so the less of these massive companies that you have out there the more looks like a monopoly and when something looks like a monopoly well that can sometimes ends up being really bad for consumers because these three companies could of course talk together and conspire to keep their prices at a certain way i mean that's a massive problem we have up here in canada the prices in the states are much cheaper when it comes to mobile technology and mobile phones and and the carriers themselves especially so this is something that the states might be dealing with competitions a good thing and in this case we just don't know if this investment into future technologies actually going to benefit consumers when it comes down to their wallets alex thank you so much for your time and that's it for the show today thanks for watching sure to catch boom bust on you tube we'll catch you next time.
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in the heart of the swiss alps this is a place probably more secretive than the pentagon moma styria son the cia and that's a gun to the forty six of the swiss customs a place while all the science is controlled by is a monday impose the opening time so it will come up was it it was a do this is up to us the procedures in place of the stick to say no you are a must to pieces by artists like pecan so i'm modigliani i can't and soon inside this warehouse. that's where the report comes in that it covers up deals which are naturally discreet commercially discreet stealth but also discreet secrets they concern fraud. some of those paintings are linked to doxy could skate nobody knows how many of these secrets they kept inside the geneva freeport suppliers and that you'll never obtain an inventory of all the works in the freeport who knows how many there are three hundred three thousand three hundred thousand it's
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a matter of confidentiality only is it the world's black box of the art business. apply to many clubs over the years so i know the game inside guides. football isn't only about what happens on the pitch for the final school it's about the passion from the fans it's the age of the superman to kill you narrowness and spending stupid twenty million fly a. book it's an experience like nothing else on to because i want to share what i think what i know about the beautiful guy a great so what chance for. the thinks it's going to. about your sudden passing i've only just learned you worry yourself and taken your
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last turn. to you as we all knew it would i tell you i'm sorry. so i write these last words in hopes to put to rest these things that i never got off my chest. i remember when we first met my life turned on each other. but then my feelings started to change you talked about more like it was a game still some are fond of you those that didn't like to question our arc and i secretly promised to never be like it said one does not. do not i'm here to tell you one thing. you're wrong laurie israel's prime minister tries to convince the world that iran is not to be trusted with donald trump threatening to scrap the historic nuclear deal in twelve days.
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the us president says negotiations with north korea on d.v.d. nuclearized will go ahead while the security advisor says what happened in libya should serve as a model. one of russia's leading. launches an awareness campaign of late diagnosis after finding out too late he has the disease than himself.

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