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tv   [untitled]    January 27, 2014 1:00pm-1:31pm EST

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the head of a. new york. drug . website. building. until. they get humanitarian aid in. for the next election.
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the c.e.o. of one of the world's leading bitcoin exchanges bit instant has been arrested in new york the prosecution claims that charlie shrem was involved in a drug money laundering scheme the silk road website. been following the story for us and joins us live from new york i can explain a bit more what this case is all about who exactly is accused. well this case and this this indictment these charges have come as quite a shock to anybody in the community anybody that knows charlie sram a huge pioneer of of the big quinn currency now federal prosecutors are alleging that charlie sram has been had been engaging in a scheme to sell over
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a million dollars in bitcoins to users of the silk road website which then subsequently enabled users to buy and sell illegal drugs anonymously and beyond the reach of law enforcement investigators say that twenty four year old from was conspiring with an underground bitcoin exchange or robber. who also was arrested. prosecutors also say that shrum personally bought drugs on the silk road website and he was arrested yesterday john f. kennedy international airport in new york he was arrested on sunday is expected to be presented in manhattan federal court later on in on monday now that. is charged with conspiracy to commit money laundering operating an unlicensed money
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transmitting business and willfully failing to file a suspicious activity report if guilty he faces up to thirty years in prison now i was reading a bit through the indictment it's really hard to separate here what they are alleging that charlie shrum did or what charlie should know about and didn't report it seems as just reading the indictment that charlie shrem was selling big koreans through instant that maybe three steps removed for him those koreans were then possibly used to buy drugs and then they're now those are now being called connected back to charlie lots of questions of course are being raised a lot still isn't known but we will find out of course in the coming hours and days new marina have actually mitt. i have back in june i interviewed him we did a story on the culture of the big apple and i went to allow that he cones in
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manhattan it's the first business that began accepting bitcoins currency and so i did in a sit down interview with charlie shrem i also interviewed a lot of a lot of people in the in the bitcoin community here in new york city when i spoke to charlie's sram he said he would rather have people pay in bitcoins then use credit cards in his in his lounge bar restaurant he said the big question is the currency of the future it's something that he supports or something that he's promoting but he's a very smart guy shocks me to say here that he would be you know indicted on doing something so illegal because he knows the laws he's very clear on the laws let's like let's let our viewers listen to what shrum had to say back in june. came into the because in space. i was the only person new york city had heard even heard of the coin that was left out of every received firm in the city and now this forward
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to two years there are so many start ups or start of meet ups just finally you know what is the attraction of be calling people using. well i let's remember because one has a monetary system free from government or bank control and credit card processing fees a it essentially allows every user to have control over their own currency and it could be used anonymously a lot of people in the culture a lot of users like the idea of having a currency that's not monopolized by banks or controlled by the federal reserve currency that they believe in but governments and other institutions don't necessarily like the increasing rise in popularity of the culture because it leaves less control in the hands of the banks and the monetary systems and the governments i mean ever since you know it's been just six months since they interviewed sram it ever and i could tell you there are dozens of businesses now in new york city in
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manhattan that are beginning to accept bitcoin that shows the popularity increase interest in this digital currency and not something that those that have had a monopoly of control over a monetary currency they don't like this kind of this kind of change so this crackdown may be you know maybe connected to the fact that bitcoin is gaining in. popularity thanks very much indeed for that to marina point i live in new york well for more on this let's hear from economist jeffrey talk he joins us live here in all of the international jeffrey we're just hearing from marina venice she met charlie shrem she described him as a small guy of course and is shocked by these allegations you've met him yourself as well how would you describe him if you use a brilliant young man. he's. smart he's been an incredible innovator in the big kind space. right he does know the law and he does
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dedicated to compliance because he is dedicated to making this currency work so i'm not entirely sure i understand what these allegations are about but we do have to remember the. he was an early mover in the big client space even long before fence and came out with its regulations about declaring every exchanges of money exchange business you know thereby vastly increase in the compliance costs i know that he was you know really serious about compliance himself but he's he's been around a while and we long for most anybody who ever heard about becoming trojan was out there persuading everyone to accept it and going to bars to accept it because he believes it as a technology and will have it will his arrest jeffrey undermine confidence now in a big calling and lead to its further devaluation because it's lost a lot that he doesn't is in trouble no i mean i heard you say that earlier in the show a quick check the price and i'm not sure that i can detect much movement out of the ordinary at all it's seven weeks dizzy heights than it went in the credible value
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and it's dropped from that as. you know i just saw about blocks of ice at about nine hundred seventy which is pretty much what i saw it up this morning so i'm not entirely sure what it should what you mean by that but it look even if you see a twenty four hour fluctuation forty hour fluctuation cryptocurrency is the future is just a much better technology the national monies you know but it is linked isn't it to the criminal underworld people are using it to buy illegal goods and that's why governments are talking isn't that nearly this not used to buy legal goods nearly as much as dollars are actually dollars have a much firmer leg to become one hundred or so why why government suspicious of it they don't like it do they it's threatening traditional currency traditional trade like governments like innovations that all they don't like lightbulbs that are like cars that are like eurostar care about innovations but it's coming regardless and yes it does threaten national monetary systems it's just a better technology and you can transfer it instantly real property between any two individuals in the world it's way less it takes up no space there's no chance
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actions fees at all happens of the matter of seconds instead of days and days and days with very high transaction fees i mean you know the becoming is. money as a model is true like a. car from nine hundred thirteen or something like a ford model a i mean you know a big time has shown us what can be can be a brilliant thing to bring humanity together and start of just a tool for governments and banking cartels to use and abuse jeffrey great to talk to you as always thanks so much your thoughts on this jeffrey talk executive editor of laissez faire life a minority thanks thank you well financial analyst mark thornton thinks that actual legal issues have very little to do with this arrest but your money here's what he had to say the dollar is actually the major facilitator of illegal transactions of drugs and human trafficking all sorts of nasty business is most of the trade is done with the u.s. dollar not bitcoin bitcoin is a small player it is
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a small percentage of its transactions are illegal that's true but the majority are for legal goods whereas the u.s. dollar is the primary player in international trade in illicit items but this was a political event not a legal or judicial event this arrest it was a political event meant to intimidate people in the bitcoin space and it was a perfectly foreseeable event as well. as makeshift barriers and churned up pavements prevail that's now ukraine's capital it looks after almost two weeks of unrelenting mayhem and government rot is in the entrenched outside the justice ministry it was told in occupied overnight by radical activists from the movement known as common cause and now vacated the building but as all of the reports it's far from business as usual for the officials. the edge justice ministry is in a severe state of disarray after it was stormed by rioters on sunday evening all of
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its windows have been put out this now and most of the furniture is piled up against those windows to barricade those that when we spoke to those guys who were on the door there huge line of people all in mosques and carrying shields and weapons there they were saying that essentially they were blocking entry to this building in an attempt to stop it from being occupied by what they're calling provocateurs however they telling us that they will let people from the justice ministry in if they show their passes that they work there however if there are to get into that building as i say they have to go through this line of in mosques carrying weapons with with shields that certainly doesn't seem like it's going to be a way of them being able to get a lot of work done in that building with regards to who's actually in charge when it comes to the opposition here in ukraine we can now hear a report from my colleague alexy out a chef ski jump ship. if i have to take a whole that in the head i'll take a bullet in the head. the opposition speeches are as fiery as ever but not all of
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the protesters are buying it. not even the commanding presence of vitali klitschko is enough to bring them in line. kiev's independence square still adorned with different color flags of opposition parties but the biggest question right now is whether they actually controlling anything at all there's a widespread opinion now in ukraine is that their inability to provide crucial decisions let's to the violence uprising so you can use i'm not even listening to them everything is already been done by us over there but we are running the show they are forced to listen to us. and now their movements leaders have passed up the president's invitation to leave the government but when you thought of the only say one revolution now we offered them to control government to fight corruption and change the law but they're refusing it their actions are deprived of
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a new object. they could not even agree on whether to accept a presidential amnesty for the jailed protest is. president bush said he'll release the detained protesters if there is no for the resistance in central kiev and our position is the same you provided crossbows that us must reach out i asked will only agree to yana call that just terms on the release of the protesters if the interior minister orders police not to arrest our people anymore i decided to get the shots but just they're not politicians they simply want a result and fast and that is a snap reorganization of the country they're like children you see soldiers marching and trying to jump in front of the formation to feel like generals. a country in revolt is now holding its breath until tuesday when big decisions are expected from parliament gooding the repeal of an anti protest law but judging by the mood or might done it seems there are no compromises that the crowds aren't
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ready to listen to. see reporting from kiev in ukraine. a group calling itself the ukrainian insurgent army is now claiming responsibility for the murder of a policeman in kiev on sunday and statements appeared on facebook that there were more killings to come the new law that caused such public anger introduce harsher punishments for protests but let's compare it to similar rules in europe and in north america well if you're found guilty of stirring a rot in britain you could find yourself in jail for up to ten years and nine years if you hold petrol bombs well tried in kiev and you would just get two years vandalism in france from defacing statues to damaging streets is punishable by seven years but in ukraine just three years attempting or even encouraging the overthrow of the united states government can see thrown into a cell for up to twenty years now that's twice as much as in ukraine will finally though put a mask on your face of the rally canada because that could land you up to ten years detention that's against just the fifteen days in the former soviet state where
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u.k. security consultant and former police officer peter kirkland says that the response to such rioting in the u.k. will be much harsher. within the u.k. the. lawry's very clear on the use of force. officers can use force in the prevention of crime. which would include serious disorder so some damage in austin. and in the arrest of offenders and in self-defense and so any of those situations may well arise during the course of protest and disorder place and. obviously when we see the levels of force being used against the place then obviously the level of force reasonable and necessary. by them in response and had been in the u.k. context would be very high as well. placed in the u.k. tend to have the same sorts of
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a right. of tactics available because fortunately we don't usually see back level of force being used in prochoice a demonstration situation. given to government protesters are taking matters into their own hands relatives have been breaking into government buildings and city halls across the west of the country in the violence has been denounced by major opposition leaders but while the opposition tries to squeeze political concessions out of the government the situation on the street seems to be spiraling out of their control without international is keeping up to date with events there in kiev and throughout ukraine on air and on the web site r.t. dot com. if edward snowden is right the n.s.a. is leaking on european businesses and sneaking off for their secrets we got more of that after the break.
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we cannot accept. and it is a little bit simpler but we cannot allow the presence of one sink it is very sure what the policy of today should be we cannot fix it through the night in deserted us or through state. college to see. first street. and i think that your. letter. is a medium so we leave that maybe. i will see motion security for your party physical
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. issues that no one is asking with the guests that you deserve answers from. politic. hundreds of women and children trapped in the middle of syrian wolf may be able to leave the besieged city of homs is a hope it's a reason that the geneva two peace talks with the government opposition have agreed to allow those civilians to flee to safety and that humanitarian aid in well elsewhere people are slowly returning to the country's biggest city aleppo to find their homes demolished open it just some of the most destructive fighting has reduced large parts of the ancient site to rubble reflection on looks at what's left for citizens to rebuild their lives with. we learned at a little international airport on what is believed to be the first civil air plane
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to touch down here in the last year it's a special government flight but authorities say regular ones are due to start in a month's time but this flight means the return of life to this airport and the syrian army this northern syrian region has seen the most violent clashes during the almost three year long conflict leaving death and devastation behind it used to be four billion dollar factory where two thousand people were working now because there is left person is destroyed but while that is a common picture here it seems that helpful peace is slowly coming back this village outside aleppo has just come back under government control out of fourteen thousand residents who fled it after the rebels a tag one third the government says is now back to discover the houses are the destroyed or looted in the middle of it all depends on how lucky you are our home
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was almost untag but they stole everything i mean. this pregnant woman says she and her husband have been waiting for this baby for twelve years and they're happy to finally have it now instead of our home was destroyed we now have nothing but god gave us a baby and that's will give us power to build everything from scratch wherever. rather coffee we need more and more residents here sharing these optimistic. rice and coffee to play out how's life for life is good things god. family has returned with their kids muhammad twelve years old couldn't go to school for months but he still thinks of his school days i have three friends and him how much and how many there my cousins. while we are talking to many terran aid arrived people are in desperate need of simply everything and most importantly security
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measures did what we do now is we get locals involved in patrolling and helping the army secure the area and protecting the village and we call on all of us to come back soon if he hasn't leave the village to drive to the city or to use to take some fifteen minutes by highway takes an hour today roads are not yet safe enough but parts of aleppo loop secure at least at first glance we are a little bit surprised to see what used to be syria's biggest business center still so vibrant and textually say we even took off like jackets with us expecting to see clashes in the middle of a completely destroyed city but don't be mistaken this is the western part of the city. more to the east you will see a completely different picture moderate free syrian army factions fighting radical al qaida affiliated groups there for control with the government forces trying to
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fight them both. but militants still control half of the city and a big part of northern syria remaining the biggest challenge to the cease fire plan pushed forward by syrian and russian foreign ministers and they always syrians are ready to reconcile with each other and the letter was a good place to start with so we can give an example to other regions but these guys from the news for front from al qaeda but don't know what they want but it's certainly not peace but while this force is large enough to threaten a carefully forged peace to this rule torn country residents say they're not dreaded to give up their fight for their country to be at peace or if nationality from syria. the n.s.a. isn't content just to spawn huge numbers of people. edward snowden says it also keeps a very close eye on businesses that will blow told german t.v. that the us agency tries to siphon off any information you can get its hands on
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going for these are former british m.e.p. who spent years working to raise awareness of such espionage aspects or merely he says the e.u. should have seen this coming. i guess you're just being naive or. i mean when the americans are. hundreds of millions of people across the european union why would we expect them to leave us alone is probably closer european europe tens of thousands of children every time american american companies win contracts that european companies are expecting to win we must be suspicious now that's not because she had a better deal on the table than you whatever deal will. the brits just can't get themselves fired up about voting anymore would turn up for elections in recent years on a downward slide and its young people in particular backing away from the ballot box only ten percent say they will definitely take part in next year's general election reports from london as nobody worth fighting for i would have voted i want
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you to point out ted sorry i'm not really sure what sentiments that don't bode well for democratic legitimacy and british politicians as electoral engagement continues to decline and the public's emotions turn sour anger is the chief reaction to politicians across all sections of the electorate a recent poll found followed by boredom particularly among the youth with one study showing that only one in ten are definitely planning to vote in the u. case twenty fifteen the general elections i have voted for i regret doing it i don't want to be involved with it and i don't want to give it legitimacy i think going to the ballot box gives to this particular system no i don't regret having a system in which i don't haven't i don't have a row choice you have how many people protesting against was government never even showed an interest in what happens is that that sort of peaceful protest goes into
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anger because they're not being listened to and people have been go to stop taking direct action many women have turned their backs on the ballot boxes but there are those who continue their moment of society and politics by taking. to the street feeling that this alternative may be more up to them they're both. young people are interested in politics politicians and money responsible and political parties for not appealing to young people young people getting involved in a very diverse range of political participation from the titian is to boycotts demonstrations doing stuff online gauging the occupied leave with. what we have to accept is that actually traditional politics is no longer the only game in town i think there is a genuinely existential problem for traditional british democracy if turnout turned were to continue portions are extremely aware of this problem and so they should be . ok. but it seems not enough to last wage
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the anger that just keeps boiling over onto the streets right. does or so you are to london more news of minutes in just about half an hour from now in the meantime what does twenty fourteen hold for the middle east especially between israel and palestine will so if you haven't also gets affords of the palestinians foreign affairs minister saw for the short break. the building behind me will become the center of startup communities from around the world come together to talk about the best way to new ideas.
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on the blocks of this well you know she hopes will take place. i've always had mixed feelings about speed traps it seems like it's a waste of the police officers time but on the other hand they sure do make people paranoid and drive more slowly one man from texas is completely sure his opinion about speed traps that he set out to save his felt texans from being fined for speeding and much more importantly from potential traffic accidents caused by the hidden police and now he's the one who is in deep trouble according to fox news runner martin faces a misdemeanor charge for violating frisco texas sign ordinance that says that you may only stand around holding a sign on private property martin claims that he was doing the exact same thing as a speed limit sign for money people to slow down and i think ultimately he is right you should be able to tell other people where the police are setting up speed traps
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because that will cause them to drive more slowly which is the real goal of speed traps in the first place the only reason local authorities would be against this is because they love the income that comes from a nice big bio speeding tickets i hope that mr martin finds a way to go right back to holding his sign but this time on private property but that shows my opinion. welcome to surf and co on sophie shevardnadze the latest round of israeli palestinian negotiations has yet to bear fruit but while the size of voice their disagreement on almost every issue publicly that talks ill hold much promise what is to be done what is settlements what will happen to jerusalem and how will
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palestine and israel resolve the most pressing the fanatic problem of our time west the foreign minister of the palestinian administration we have done maliki. the conflict in palestine has been raging for decades. analysts talks try to proclaim peace only to see war flare up once more. now after five years of silence there is again hope. for the world's most powerful diplomats brokering a deal is a question of glory for israel and palestine it is about the very survival how much are they willing to give up to and bloodshed in the holy land. is peace finally coming to the middle east. it's really great to have you on our program today a palestinian foreign minister welcome so mom what about us has said recently that good progress has been made in negotiations with israel and there's
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a possibility of prolonging the talks so what have the palestinian negotiators minutes to get from the israeli side at this point. well first of all the person who is in charge how to sponsor will to declare if there is any progress in the negotiations is that it could be nobody else says. we cannot talk about throw to us or lack of progress. are we going to put to prolong no one is talking about prolonging the. already allocated time for the negotiations which is really nine months we have rated. clearly that we are sticking to the. original dates which should in by the twenty ninth of. april this month this year and so i mean talk about the long.

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