ah, she is no longer a vice president of the european parliament, but for a lawmaker eva kylie. this may be the least of her worries. kylie is now at the center of the biggest corruption scandal. the history of the european parliament accused of taking cash bribes from world cup host country could tar in return. she helped whitewash guitars dirty image of human rights abuses. tonight, her political party has kicked her out, her home country grease has frozen her assets, and her attorney says his client is innocent. the guitar, he say, they're innocent to. i'm broke off in berlin. this is the day. ah, andrew von accepting payoffs kickbacks. right?

i say, shame on you, i fia, and this isn't a gender is point of view after our initial findings is that the story will not stop yet. we cannot then estimating the moment image, which was caused by activities cindy pills. if it's proven that to tar, try to undermine european democracy, we want to see sanctions and acted also coming up like igniting of star inside a box for the 1st time. scientists in the united states have carried out a fusion reaction that created one very important surplus energy. this milestone moves us one significant step closer to the possibility of 0 carbon abundant fusion energy powering

our society. he would be like adding a power drill to our tool box in building this clean energy economy. ah, what your viewers watching on tv us in the united states, into all of you around the world. welcome. we begin the day with what is now being called the biggest corruption scandal in the history of the european parliament today. it lawmakers voted overwhelmingly to remove one of the parliaments, vice presidents, the greek law maker, eva kylie. she's accused of taking huge cash bribes from the country guitar, which is now hosting the world cup in return. she allegedly used her office to put a positive spin on guitars, troubling human rights record. what guitar has denied any wrong doing. and the now former vice president, she just returned from a visit to guitar when police searched her home on friday, they reportedly found 600000 euros in cash. today,

kylie's attorney was asked about the money and if reports are true about where it came from, his answer, this is something i can neither confirm nor deny back inside the european parliament today, lawmakers were bracing for possibly more revelations. take a listen, whether it is tightening of our rulers, whether it is inquiring further, whether it is looking at the influence of set and that countries, and we will not stop and need leave no stone unturned. i cannot predict where this will go. but what i can say, i fear, and this is in a general point of view. and after our initial findings is that the story will not stop here. let's go to very young barbara. these will, she is in strossberg, france covering the story force. good evening to you barbara. i get the, the feeling that just stripping kindly of her position as being vice president,

that it could just be the tip of the iceberg. is that the censure getting as well? absolutely. brent. this is just the beginning and that was just a formal step because what else could they do? they needed to kick her. i was out as quickly as possible in order to distance themselves from her. but of course, the bathroom authorities are carrying on their investigations. more offices have been sealed to day more laptops and phones have been ad taking in and do more details are emerging. so the, some, the total sum that is and play here is now adding up to around to one and a half 1000000. and there is still a lot of stuff we don't know. for instance, there may be secret bank crowns that nobody knows about yet. and the details from the wire tap that has been in place for a while, because the belgians say they had their eyes on this whole affair for quite a while. so they're both following it for several weeks. and maybe even months,

details have not yet emerged about the conversations between the accused and other people off their circles. so there is a lot yet to know. and there's a palpable feeling of fear him in the european bobbin. what else might be emerging? who else might be pulled into this? and just some parliamentarians here in the corridors, we're talking about the leaders of the political groups, the big groups being relatively careful at the moment and so subdued. because everybody is afraid that a bomb might blend in their own field in the next days, or are there indications that that bomb could go off on any time soon? are we talking about other names of lawmakers possibly being implicated? here? other law makers might be implicated, so that is still up in the air because who else was connected to this whole group. i mean, it was not only the people the already know who were sort of phrasing. a katara is

fantastic trekker, a record on labor law. for instance, the vice president of the european commission she knows, was asked to day because he was so incredibly pro cutter, why he was really thrown himself into the breach. and, and saying that this was one of the most to the best, one of the best developed gulf states and the country was on, on a fantastic way forward, et cetera, et cetera. and he said, no, no, of course at this is my o'toole total conviction. and so on, my, to everybody here, and this is of course it time where miss trusts between the lawmakers begins. everybody now looks at the old statements of others and says, you know, why did he or she said that, why did they praise? for instance, cutter? or for instance, a former member of the european parliament now brought morocco into into play and said, and i've always had suspicions that they were paying money for it and paddling in

full and say, here in the european palmed. so this is just opening the floodgates and so we can look at this a 4 weeks and maybe months to come more names and more details will emerge in a just reading today. it's being called by more and more people, the biggest corruption scandal in the history of the european parliament, perhaps maybe in the history, the european union, whatever comes out of it's the optics, are certainly bad. how much damage is being done to the credibility of the e u. the damage is horrible, really. and as one law make a huge day said, you know, trust comes slowly and it sort of rides all out on a galloping horse and node it just, it's just gone. it can't be repaired very quickly. if at all it does is going to take months of not years and also the in fighting between column and terence it begins because of course, from the far right, the voice is now come and accusing. and the socialists accusing the the

conservatives and so on saying, you know, why did you all the sort of take the moral high ground? how dare you. now you're implicated in this city corruption a scandal and you show your true colors and we're not going to listen to you anymore. so a trust within the house is eroded and, and, and the decent but political manners within the house are being eroded and of course outside air. because what, what, what, what does this look like? it just looks like a corrupt place. full stop and nobody looks at it that it's just a handful of people, maybe eb. so for the european parliament, this whole story is a disaster. cedar b as barbara. these are the latest and i from strossberg as always barbara, thank you. know who the crypto king, who has become a crypto criminal suspects, the founder of the now bankrupt crypto exchange. sam big been fried, was arrested on monday in the bahamas. he faces numerous charges of fraud,

money laundering, and conspiracy in the united states. bakeman fried, founded the crypto currency exchange f t x back in 20. 19, it quickly grew into one of the largest in the world. millions of users logging on to buy and sell crypto currency tokens, such as bitcoin billions of dollars passed through the site. every single day of customers thought that their cash was safe on the site, but bakeman fried is accused of using it to fund his own personal investments and then prop up his losses where news broke, that f t. x was on shaky financial ground. people tried to withdraw their funds, but their money was long gone. it was downhill from there, the company filed for bankruptcy bank been freed, saw his own personal, $16000000000.00 fortune wiped out in less than a week. and it's still unclear whether or not investors will ever see their money again, make me freed claims. what happened was all just a simple mistake that he was just

a kid who got caught eyeing knowingly commit trial. think i committed fraud. i didn't want any of this to happen. i would certainly not nearly as competent as i thought i was. that doesn't change the fact that it was a really bad mistake and that it hurt a lot of people. i have a duty tough taxes users to do right by them as best as i can. you mean somehow make money and pay them, but i would give anything to be able to do that. if i could do that at that would be great. were f t x is a new chief executive, as john ray, a veteran in corporate restructuring, he told a congressional hearing on capital hill today that the situation at f t x is worse than what he found at enron. 2 decades ago. he painted a picture of a company acting with no oversight and leaving behind no paper trail. now before

his arrest on monday banquet fried, had planned to testify under oath before that same committee today, according to elite draft of his testimony, he intended to open by admitting that he had, quote, screwed up or at least using words that we can't say to that effect you're on tv. the crypto king might not have been there, but the leak of his plan testimony and his choice of words. it did not go down well in washington. take a listen. i don't know him personally and probably the want to but on your system on his so disrespectful. i mean there's not a person up. ready you'd like to show this, so there are children, he says, and i quote, i would like to start out by formally stating under oath. and i, yeah, i can use it publicly. likes to words, absolutely insulting. well, our next guest is a prominent critic of the crypto currency industry. i want to welcome to the show

molly white, small. it's good to have you with this. i just, i want to talk about the timing of all of this if we can. so bakeman free was arrested yesterday, he was schedule, he was planning to testify the day his testimony was delivered to congress. why didn't authorities let him testify 1st and then arrest of? do you have any idea of why they, they basically intervene? that's a great question. and it's the same question that was asked at the hearing by several lawmakers, why the arrest was made last night rather than later today. and there was a press conference by the southern district of new york later today, earlier today, rather where the us attorney's said that he had filed the charges last week and that the indictment was issued last friday. and that it was just a matter of waiting for law enforcement to act and that it had nothing to do with

the congressional testimony. but i think there are some people who are questioning if it may have been a move that was more intentional than that. and i honestly don't know. yeah me is because it looks like it has the appearance that someone was trying to shut him up because he had been talking to so many reporters before he was arrested from what you have observed. is it plausible that this kind of fraud could have been carried out by just one person with no one else knowing what was going on? no, absolutely not. and there's, there's really no way to pull off fraud at the scale. i think without at least some people knowing what was going on. and he was a huge contributor to lots of people's, the u. s. political campaigns to media start ups. they also took his money, the sim, before newsletter, which i read every day. i had to reveal today that one of their big investors is the man who was male, or who's now been arrested. i'm,

if these allegations are proven to be true, then that means this money was stolen. should that money then be returned? i think so as much as possible. i mean, you know, the money that was given to these political campaigns and to other places was stolen. customer funds, as it turned out. this is not sam bakeman freed, you know, paying out of his own pocket to make political contributions. this was at least allegedly customer deposits that were taken from f t, x, funnel tower media and then laundered as personal donations. and so it is illicitly obtained money and probably should be returned. what about the people who lent their names their their faces f t x. i'm thinking of the u. s. football player, tom brady, the movie star, matt damon. these are big, big stars that use their notoriety to push f t x. i mean,

certainly they had to have some concerns here. do you think that were there was an element here of people being willingly deceived by all of this? i think some people want to believe that this is the future of finance and the future of society in general. you know, there have been these huge promises that have been made by the crypto industry that this is going to revolutionize things. and so i think that is a very compelling sales pitch to some people. but i hope that as a result of this, celebrities and athletes and others, people, other people with major influence, think twice before deciding to advertise these products because it can really drag their names through the mud. as we've seen with tom brady and various other celebrities. yeah, and you know, a lot of people, i know, a lot of our viewers have written to us that they really can't get their minds around crypto currency. and it seems like it's just something that is not tangible

enough. and that's a valid comment. it's a valid argument, but based on what we are seeing happening right now, this, this just meltdown it of t x. what in your opinion has to happen? do we need to see congress intervene? do we need to see the crypto currency sector regulate? i think the crypto currency sector already has regulations that should apply and they just need to be more strongly enforced. i mean, there are already regulations around things like fraud and you know, it is illegal to defraud people regardless of whether you're doing it with crypto currency or with standard us dollars. and there are regulations around various assets like securities and commodities that could be being applied. and i think that ultimately the biggest need here is for transparency and consumer protections . and so i think that, you know, it is really the regulators that need to be stepping up here. and obviously the regulators dropped the ball is what it appears to have happened here before i let

you go, a lot of people have said that crypto currencies or the wild west, the 21st century wild west of money and investment. do you agree with that or, and do you think that this is just maybe a symptom of our modern society? yet a lot of people are out now to make a lot of money as quickly as possible with as little effort as possible. well, i think it's true that crypto currencies are the wild west, but i wouldn't call them the wild west of money or investments just because they are neither money nor investments. it's much more akin to gambling. and you know, any money that goes into crypto currency, you need to really consider that you may never see it again. and it is not, you know, a bank account. it is not a stock portfolio. as far as whether it is symptomatic of society and sort of a get rich quick mentality, i think they get rich,

quick schemes have always been very appealing to people. you know, since the dawn of history, i do think that the current economic situation is putting people in really tough positions in some cases where they feel like they just cannot get into a stable financial position using the financial tools that are available to them. and so they feel the need to take these enormous risks and i, i really have sympathy with those people, but it, it worries me when they start to turn to things like crypto currency, where not only are they highly risky and highly volatile, but there are very few if any consumer protections in place, you know, as a very good point to the much you go when your money may never come back out all the while, we appreciate you taking the time to talk with us to nights, appreciate your insights as well. thank you. thanks for having me. ah, last week at the lawrence livermore national laboratory and california scientists

at the national ignition facility achieved fusion ignition. and that is creating more energy from fusion reactions than the energy used to start the process. it's the 1st time it has ever been done in a laboratory anywhere in the world. simply put, this is one of the most impressive scientific feats of the 21st century. that was the u. s. secretary of energy announcing a major leap forward in our search for a source of limitless, clean energy that could one day and our dependence on fossil fuels. it's called nuclear fusion. the same process that gives our son it's energy. now, unlike nuclear fission, which makes energy from smashing nuclei, nuclear fusion could generate even more energy by joining them together. ever since scientists began experimenting with fusion reactors back to the 1950. they've been

trying to start a reaction that produced more energy than was needed to start it. that's something called ignition, a kind of holy grill for fusion scientists. now, after decades of experiments and head scratching, they can say, we have ignition, and that is a big deal. so. so what does this breakthrough? what does it mean for you? and me find out where join tonight by plasma physicists. melanie wind ridge, she's the author of star chambers, the race for fusion power. it's good to have you on the show melody that the name of your book alone makes me. you want to read it. let, let this talk though about where we are today. i mean, what exactly did scientists at lawrence livermore accomplish and in why is it, you know, for lame and why is it such a big deal? hi. so what they've done is infusion,

we're trying to replicate the energy of the stars. and so the conditions that you need to get fusion to occur, ah, stella conditions, they're extreme, high temperatures am high densities and they're so it's, it's been hard. it's been hard to do take a long time. and then what they've done in this case is that they've used laser beams to compress a m, a small like pepper coincides with smaller pellets of fusion fuel. and they've compressed it to the conditions that you would find in the center of stars. and they may fusion reactions happen, and the energy that they've released from those fusion reactions is greater than the energy that they had to put in to the fuel pallets to, to, to start those can those fusion reactions happening? and so this is what we call ignition or energy gain. they've got energy out of a fusion reaction. net energy out of a fusion reaction for the 1st time. and so that's a really exciting scientific demonstration. and it opens up the pathway to

commercial fusion reactor in there bridge. hey mike, my next question of the amount of surplus energy that was generated. i read to david it was enough maybe to power a few water kettles. if you wanted to boil some water, um, but what we need, of course, is enough power to generate electricity for entire cities and countries. how far away are we from that reality? you know when we measure it, but we're now yes. so this is an experiment. so the amount of energy that's actually been produced is relatively small. so we need to increase that now and, and step up and the lawrence livermore national lab, the national emission facility where this experiments in place. and this is a, m, is a private government funded laboratory, but there are also

a lot of private companies and increasing number of private companies have been starting up over the past 5 to 10 years. and these are building on the research has been done in the national labs on the laser fusion side. and in another method doing fusion which is using magnetic fields and these private companies, a building on these foundations. but bringing in new technologies and novel approaches, i'm really working with a mission to make a power station. so something that would be no michael's, i mean, it would be commercialize a bull. and that, so this is really exciting. now because the scientific demonstration means that we know that fusion can happen on earth in a, a power plant light context. and so now what we need to do is there's a lot of engineering that has to be done and, and certain challenges that have to be tackled to enable us to actually make a power station that we can do. and fusion in it kind of feels like that the for the else with the is almost like the, the speech from president john f. kennedy,

in the early sixties. that were going to put a man on the moon to return him safely. by the end of this decade, is that what today was as if the malibu's, you know, to that vet, after today's announcement, you're going to see a lot more money, a lot more brain power flew into the development of this technology to make it applicable to our power grids, i certainly hope so because this announcement is going to give confidence that fusion can work, and it takes it out of the scientific domain into the more engineering domain and the product development domain. you can say all those very big power stations that we're going to be developing. and so yes, i think that it will increase that confidence and hopefully it will lead to and more commitments from governments and investors as well. in fact, the u. s. they have a bold, decayed, or vision. they call it where they, they want to be showing electricity generation in the next 10 years. and the u. k

also has a fusion strategy and a lot of work being done in fusion and the enabling technologies that we're going to need for future power plant. so i do think that we're going to see increased interest and hopefully increased funding and work in this area. and hopefully, applications on the mail scale, hopefully in your lifetime and my wife. and i hope we could, you know, see the fruits of all of this labor plasma physicists, normally wind route. normally we appreciate your time and your insights tonight. thank you. thank you. well the day is almost done, the conversation continues online. you'll find us on twitter either at the w news, you could follow me on twitter at brent gov tv and remember whatever happens between now and then tomorrow is another day. we'll see you then if

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