as our online payment systems another reason behind declines latest gains is its growing popularity in china now about a third of the world's big coin transaction is now flowing through the tyner exchange bill to say so now joined by bobby lee his the heads of the exchange ok bob a what i want to know is why is that so popular. because it has been quite popular in china over the past few months. to come it should know of more awareness in china because it is a nation of savers people tend to see for the rainy day and they want to you know when they see the heart where they are when they see their hard earned income they want to put that money to good use of somebody to buy real estate they buy gold they buy stocks put in long term deposits in the bank and so be quite has come up as another yet another way for them to to invest their money why is the big so volatile because this wave we've seen outrageous volatility spin or that's right

the reason small towns because of supply demand in essence because the corn is limited to twenty one million it turns out there's only about twelve million because it's available today or daily volume has. thousand two hundred eleven hundred ten thousand big points a day so as prices go up and up and up there are just not that many people or people who want to sell because have already sold it because it's at lower prices so the next buyer who is eager to buy the corn or whatever price it is then has to buy at a very high i or price so you see a sharp jump in the price so what happens over time as there is more liquidity in the market that would sort of calm down a little bit in the price will be more normal but what about regulation full this could it potentially kill the bit going. i know i know a lot of people out there are free to very clichéd but i take a different perspective all the rules and regulations when they do currency do what i do because because because it's not a currency so there's

a sort of cash value to where until because it is recognized it cannot be regulated yet people are afraid of being regulated so my take is our business for my puppini we want the coin to be regulated in china we want china to take an active role in order to indorse and. promote point in the space that would do you nation the sector so it really that talking to us from shanghai speaking b t c china has just that we really appreciate your thoughts and we're now joined by. exeunt t.v. c.t.o. of the company that it invests into big quine doesn't is that right yes right we were the first company to make people in fun so our customers for the green investment to be bright gotcha i k. so with that in mind what happened this week was that nine hundred mark what was going through your mind you must be in pretty excited is now we were pretty calm about it because we knew that option is rising and that's why it was just one

movement in the price and then it got back to the same levels really the reason that it did. so much is because of what was happening in the us see us regulation talks are you can you know what that killed the big quanta sherry that's part of its attraction the fact that it is private yes i think one of the main drivers this week was the us talk about the. the guys on the internet they were really very optimistic because the government showed that they're ready to do to get involved into this digital currency and we know that a month ago germany accepted bitcoin as legal procedure it is raising taxes and use it the same. so i think that government showed people that they are quite comfortable with it and they're looking for different ways too. come to regulation yet and moving on so what is the future the break when you think that it's just going to get bigger and better and more improved as about your cars i think i think

yes i see the future that it will become one of the major accounts of the current system in the digital world when you first started investing into it quentin think people think you are mad yeah actually they still do this today now even though it was up to the nine hundred s. but i tried to explain that the technology is quite for bust it's forking like forth for years. you know more. has been proven by many millions of transactions over it so quite mature. and in terms of a portfolio how would you recommend going about it in terms of the because there is so volatile isn't it yes that's what i see it's all the investors not only because for work or school stocks investors you should always diversify your portfolio but you know the best from the risk from the big risk is the first that's why you should take just portion of your money and if you believe in the knowledge of earth

into bitcoin for example great advice just from flattery from exam to thank you for coming in today we really appreciate that. j.p. morgan chase will pay thirteen billion dollars for its part in the financial crisis of two thousand and eight the bank acknowledged serious misrepresentations to the public and investors about the real state of toxic mortgage loans leading up to the financial crash and it's not all over for j.p. morgan the criminal part of the investigation will continue as well as charges over dodgy hiring practices in china and the huge london while trading losses ukrainian government has suspended preparations to entering the free trade zone now with politics involved as well as the economy playing its part too with the iranian energy minister commenting that the decision was based only best economic interests of his country. now we've got

a. correspondent in ukraine for us giving us a full report on the details as to what's going on alexei what are the main issues at the moment than. well the main issue at the moment is that the government of ukraine decided to take a u.-turn hundred eighty degree u. turn from what was said about two months ago by joining the european union for a free trade zone basically it's been a matter of choice we were no longer the choice between the free trade zone with the e.u. and the customs union with russia and the c.i.s. countries everyone thought that ukraine would be joining the free trade zone with the european union but now it said that it suspended all preparations for signing the association deal and is looking to restore a crippled and damaged trade ties with russia and the c.i.s. countries simply understanding that the iranian economy its ailing already and

would not be ready for such a leap of faith would not be ready for aligning itself with the european union and the european union on its turn never promised any kind of compensation for the potential economic damages that ukraine might have suffered and what about ukraine now what the real says what's next on the table. for the quite obvious option for ukraine now is to. basically estimate how they can avoid all these economic damages that is why according to the first vice prime minister of ukraine's government has to boycott they're looking to create a three sided commission between russia the e.u. and ukraine to discuss potential. compensations of those damages and risks to graney and economy and how these things could be avoided we understand at the moment that the e.u. have is hasn't promised any kind of compensation to ukraine the f.d.r.

in the next seven years is to be expected at the level of around one billion euro per year grain is estimated to be losing more than three billion euros a year if it severs its trade ties with russia so this is basically the only off. very very nervous dress to me thank you very much avoid those losses because the surgery we understand there to you you still looking to sign the association deal in the future leave no results for those there were just three great you're going to be alexei thank you for the day to really appreciate it go inside to have a cup of tea and get warm today the south stream will begin broad channel to serbia and they do worth two point four billion dollars construction is now under way for the natural gas pipeline to run under the black sea to bulgaria and hungary before reaching out to western europe but there's a bit of a a spanner in the was because an official claims that the deal is in collision with the rules mr bush meat from the energy department said that is not in line with

their rules since they do not allow for third parties which in this case would be gas problem mr bush he went on to say that an exemption could be granted but it's not been requested. corporate news now then we're going to start with the aircraft sector because boeing of russia's largest titanium producer they've agreed to expand the joint venture with fathers who make plain parts of the euro's region boeing plans to spend around twenty seven billion dollars on russian titanium over the next decade. gazprom increased gas supplies to europe by fifteen point five percent in the first nine months of twenty germany turkey and italy remain the biggest buyers of russian the two gas. station telecoms giant ross tell a call what's his exports to return a giant payout tiva saved when leaving the company the golden parachute just seven

million dollars paid to alexander provost told caused outrage. now again particularly looking food to this section of the show yes we're going to get up to the business cess we're going to talk to mr schoen solvers. a misstep. it's going really well for you this way so it's been amazing in fact these balloons be symbolic of the rise in my portfolio as things are just going great in fact bitcoin you know if you remember i put twenty five percent of my portfolio into bitcoin it's up forty four percent on top of that gazprom is up one percent the remaining seventy five percent of my portfolio was in gazprom which means i made nearly twelve hundred dollars this week putting me up like i've made money for the first time since this entire venture started my portfolio now at ten thousand dollars nine hundred ninety two was. fantastic good stuff

so listen big going savalas i'll call you. strong enough are you going to stay with a how do you still have to stick with that i've got the balloons to stick with it in fact i am going to stay twenty five percent in bitcoin because here's my theory because you know the holiday season is coming about in russia they do new year's and people are going to be buying gifts and what have you on line shopping this i figure because it's going to be a good way to stay i'm also going to stay fifty percent in gas problem this time because it's starting to get cold people are going to be using more energy i think it's a good time to stay in energy and then also. the potage wars i'm going to kind of go twenty five percent because i've got some idea that things are going to be stabilizing there which means prices are going to be better for the producers so i'm going to get involved in the potage wars twenty five percent so twenty five percent twenty five percent but going to fifty percent gazprom is going to do for next week let's go. on the bale is. indeed done

congratulations i.k. that think that today's venture capital we've all got a bit think cooling haven't seen the phone message that surprising next week i'm going to be seeing how the crane get. saw on how the situation develops as well but if you're excuse me of this and here is politics and celebrations today with that so all the lights outside has. come in the future. is going to show we'll in the public technology keeping the moscow metro rolling with new modeling of techniques me ways in the oil industry and a dream team of robots to places too dangerous for humans. to need unfold the latest news and innovation is here and said no. we've got the future covered.

you know there's one thing that i still can't understand but i don't want to ruin your good mood but i have this one question when doing this all for you that you had everything out of respect and so that you gave them all up in the senate to go your way but what for. it was a wait and for him he tried to restrain himself but look it almost burst out anyway . if it really puts me off that i have such a father. it was one small but very great secret that i have to live with the pin drop.

welcome back you're watching r.t. and there we begin with breaking news world powers and iran have reached an historic nuclear deal ending a decade long deadlock over to iran's nuclear ambitions the breakthrough came after

more than four days of intense talks in the atmosphere of unprecedented secrecy and near a media blackout boy boy who was in geneva with a delegation of russia's foreign minister evolve the discussions. i meant to say kasian first of all off to two sets of failed negotiations before this ten years of political wrangling over iran's nuclear issue five days of talks intense heated talks here in geneva a night of several hundred journalists sleeping in the media center waiting for a decision and we finally have a breakthrough that historical deal has been reached now it's hard to describe just how tense the atmosphere has been here throughout the night waiting for any sort of news from those negotiations to find out whether or not that deal has been made and up until the very last moment when we received the news about the deal being made

there was no way of knowing which way it was going to go because sticking points still remained between the sides now the agreement that we have at the moment according to the russian foreign ministry coincides with what russia had been proposing from the offset in these nuclear negotiations now what are the details that we know so far well the agreement we have according to the russian foreign ministry coincides with what russia had been proposing from the offset in these nuclear negotiations we can take a listen sergey lavrov talking about that right now in a bit more detail. on this this six negotiating we do recognize iran's. nuclear energy its right to nuclear enrichment on the condition that it's a program under strict control by the. hour you and. these sanctions against iran that's the introduced by the u.n.

security council russia has never recognized the unilateral penalties easing bratcher on the run should start lifting those issues now among. details that one mention there by sergey lavrov is that this will be the six month freeze over iran's nuclear program no new centrifuges are going to be added and no new uranium enrichment facilities are going to be built and everyone has agreed to stop enriching uranium over five percent now so the deal here has been made it may only be an interim deal for the moment which means that you have to start again in six months time but at the moment it feels like a historic breakthrough. the spy hailing a deal with iran u.s. president obama said the majority of american sanctions against iran will stay in place or he's going to check out as more from washington d.c.

president obama pledged to put a modest relief of sanctions in return for iran scaling back its nuclear program not the relief will include freeing up a small portion of iran's overseas accounts as well as easing some other trade restrictions here's actually what the president said on our side the united states and our friends and allies have agreed to provide iran with modest relief while continuing to apply our toughest sanctions we will refrain from imposing new sanctions and we will allow the iranian government excess to a portion of the revenue that they have been denied through sanctions. but the broader architecture of sanctions will remain in place and we will continue to enforce them vigorously and if iran does not fully meet its commitments during the six month phase we will turn off the relief and ratchet up the pressure while again this president obama said the u.s. would refrain from imposing new sanctions because it would undermine the

breakthrough deal that they just reached to with iran we know that the u.s. congress was just about to pass another round of sanctions and the president has urged congress not to do that now although the obama administration now says sanctions have worked in these negotiations others argue that sanctions have created this hostile environment which throughout all these years made it impossible to reach a deal but still even though there is a temporary agreement the parties have already come out with what seems to be different interpretations especially on the key issue of whether or not iran has the right to in which we believe that the current agreement current time of action as we call it in this thing places. a very creative reference to the fact that iranian. enrichment program will continue and will be a part of any agreement now and in the future this first step

let me be clear this first step does not say that iran has a right to enrich but no matter what interpretive comments are made. it is not in this document there is no right to enrich within the four corners of the n.p.t. and this document does not do that president obama on his part said iran should have access to peaceful nuclear energy but because of violations in the past he said iran should be strictly limited in its capacity to develop a nuclear program now we have to take into account that the obama administration is now under a lot of pressure from the u.s. congress which is hardly in favor of any deal was iran and its allies israel and some of the gulf states which don't want to see you ron sanctions sanctions relief to so president obama. he president obama as well as secretary kerry they had to

work their statements very carefully and ultimately their message to both israel and their partner seen the gulf was that this deal will eventually make everyone safer one country not happy about the deal with iran is israel the country's foreign minister has even the agreement signals the beginning of a nuclear arms race but it will now be difficult for the u.s. to keep up the idea that iran is a threat to israel and that's the opinion of psoriasis if we're all rich and independent researcher and expert on us wrong relations. you know america has been misinforming the public not just american public but the whole world for such a long time that it's going to be very difficult for them to step back away from that to mention that iran is a threat to israel. it's doing something that's the fastest and if it's impacted this is been built in order to continue supporting israel to sell arms to the

neighbors in the region and also to you to distract from everything that israel does in the region israel has between two hundred and four hundred nuclear warheads and if ever you are were to pose a threat to israel where there are a nuclear attack or if it were to build nuclear bombs which it has not decided it is no matter what israel's nuclear arsenal are. well and here's a quick reminder if you are just joining us breaking news here on our team and we're going to talk about a groundbreaking deal between the world powers and iran that has been reached in geneva that's indeed a historic deal and a good decade long deadlock over iran's nuclear ambitions according to russia's foreign minister in the deal the world powers recognize ron's peaceful atom and uranium enrichment under strict control of the i.a.e.a. the u.n. atomic watchdog well let's take a more detailed look now at some of the key points of the deal that how ready

emerged first iran will reduce its uranium enrichment from twenty to a maximum of five percent at this level ensures the peaceful use of atomic material to write is also supposed to stop adding new centrifuges sticking to our data the equipment and keep to having a water reactor near the town of iraq non-operational the un should have round the clock ability to check and control any activity abbi enrichment plants in return sanctions will be lifted allowing to iran to regain control of some of its assets said to be worth up to four billion dollars for a period of up to six months well russia's foreign minister was among the first stop diplomats to arrive in geneva bill dodd my colleague discussed moscow's role in the negotiations with r t s paul scott. bush's role in this process bill really is to bridge the gap between some in the west and iran russia has been opposed to iran acquiring a nuclear bomb but acknowledges that iran does have

a right to peaceful nuclear program which iran says was really a precondition to these talks they were saying that no deal was going to be struck unless this precondition was met and russia has really tried to ease the tensions because that precondition led to some in the west being quite suspicious about iran and their motives and russia really has tried to ease those tensions and suspicions in order to try and get all parties around the table which they obviously don and it's also something that's proven slightly easier of course since the election of his son rouhani who's a comparative moderate in comparison with his predecessor mahmoud ahmadinejad's sure isn't opposed to playing hardball with iran when it needs to with its role as a permanent member of the u.n. security council has agreed to four rounds of sanctions against iran over the years between two thousand and six and two thousand and ten of these sanctions include a ban on the supply of heavy weaponry and nuclear related related technology a block on iranian arms exports and an asset freeze on key individuals and

companies but as these sanctions have tightened over the years an economic sanctions have grown. they've started to hit the population of iran hard in moscow saying these are increasingly ineffective method really it's the wrong people that have been punished relationships between toronto moscow complicated i think it's fair to say not as straightforward as perhaps it would seem on the face now in two thousand and seven a military deal was struck worth around eight hundred million dollars it was for to tehran to purchase missile defense systems from moscow that was in two thousand and seven but then in two thousand and ten after a tightening of un sanctions russia's then president dmitri medvedev canceled that deal without any explanation not cool iran to call for compensation on the issue has since been resolved but it just shows there are. plex cities when involved when dealing with iran and it is worth noting of course that moscow is involved in iran's nuclear program very much so moscow funded the building of the nuclear plant

in iran and it was only in september this year that it handed over complete control of that plant to the iranians and i think moscow sees this is possibly the way forward the way forward is cooperation with iran with the country's nuclear industry because if you're cooperating with the country there's less secrecy and then that could lead in turn to less mutual suspicion and i think that russia sees that as the way forward or more common damn reaction on a story deal in iran's nuclear program is just ahead for you here in r.t. don't go away. let me just tell you something right now president george w. bush never claimed their right to extradition really assassinate american citizens this president barack obama should be impeached for crimes against the citizens and

against the constitution because he has killed women and children in drone strikes so i just like to say that i think that history is not going to judge the presidency of barack obama and george bush in the same light whatsoever i think obama is way worse than bush and i am not a big fan of george w. bush ok and you could probably be co-hosting this program i guess i don't need to say very much definitely give you reflective on what we have heard from good ruby and from ostend there there is no compare and contrast between either president whatsoever besides having a spending problem this president currently has spans and the debt and deficits and control more than all presidents combined however george w. bush did spend too much but his governing style foreign policy prowess taking acetic crisis and leadership style are night and day over what president obama's are. terrorists are simply a bad group of people located throughout the world no different than say

a motorcycle gang or what have you that are involved in bad activities you're not going to solve that problem by invading countries overthrowing governments and occupying countries that's the solution. you're going to women with good police work and intelligence gathering that's how you'll defeat terrorism they are just simply little pockets or bad people throughout the world you have to deal with creating an empire and i. occupy nations with their military is not the i'm sure. when the crisis leaves us traces everywhere. empty closed rooms become the norm. children pay for the mistakes of adults. by working in a tobacco field or in a cafe. they are the ones who come back home last.

so his games are just in their memories. this is the place that has been consecrated to god for almost a thousand of years people jam here twenty some years ago to reestablish life on the silent. and people feel the love of christ all working. people say you can do. something happens on this island that makes them return to it's again and again. saves them. join me james brown on a journey for the soul. only. breaking

news here trying to diplomacy a deal between six world powers and iran over its nuclear program is reached effectively putting an end to a decades long standoff our correspondents bring us reactions from across the globe bought. it on the. enrichment program will continue this first step does not say that iran has a right to enrich but what exactly the sides agree upon. the war has started. in geneva it is going to be go away for another six months. we take a detailed look at one of the new deal holds plus. israel warns against celebrating their dream and saying their rod is the only winner in the deal and that.