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tv   Venture Capital  RT  July 6, 2014 12:14pm-12:31pm EDT

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only in dollars in military support to the moderate syrian opposition although it still feared that some of the money might fall into extremists hands investigative journalist mark karr says america helped bring about the islamic state movement in the first place. but i see it's not just the age of the series isis has its origins in iraq itself in the job this was just the us occupation when they withdrew the troops in iraq after the so-called surge there was a few. of those groups have been defeated or at least neutralized that probably never really happened and isis has been out iraq not just because it was in syria but also by the incompetence or terrorism corruption of the government in iraq so all these different forces a better situation which is very probable that iraq could fragment into three states because i can't see the moment of the time being any kind of m six area movement that could overcome the division but everything to shreds. coming up as if
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blackwater's reputation wasn't bad enough the new york times says the notorious security contract to threaten to kill a state department official trying to expose a criminal behavior during the war in iraq but covering that plus could you live your life every day by absolutely nothing for a good question will someone who tried it one frenchman gave it a go we'll tell you how his year long project to live locally about that and more right after venture capital is next. threat of terrorism the nature of terrorism is becoming increasingly internationalized the local governments which may be the case yeah in afghanistan there are limited and belittle to curtail that increasingly globalized threats one how do you really strike a balance here in the farmers can help by not fighting drugs he was living in the
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past if we all start for i did drugs rather than i want to start with i would be peaceful if you drag. the many examples of this but success. i think. over. that you know the price is the only industry specifically mentioned in the constitution and. that's because a free and open press is critical to our democracy albus. role. in fact the single biggest threat facing our nation today is the corporate takeover of our government and our craft cynical we've been hijacked lying handful of transnational corporations that will profit by destroying what our founding fathers once told to ask my job market and on this show we reveal the big picture of what's
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actually going on in the world we go beyond identifying the problem trucks rational debate and a real discussion of critical issues facing or not to find a job ready to join the movement then walk a little bit of. drama as they're trying to be ignored to. stories others refuse to notice. the faces change the world writes never. grow. old picture of today's you know i've gone to and from rhodes to blow. up please.
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hello welcome to venture capital coming up we discussed banking secrecy in fines as well as facebook abuse fourth of july but by cost and offering an american team cabby gives us a peek at his forever bulging. russia is the latest country to recognize the phenomenon that is the the plan here he is to figure out how to approach the budget karzi with regulations so as it stands is not illegal here unlike in china way it's officially bound as a vice president of the bank of russia said it's impossible to deny this instrument which might have although having said this that dulls still seem to be an air of caution involved to it regards to its use on the black markets for illegal drugs what happens so for more on the call and i'm now joined by car as the expert at the end didn't do. so do you think big coin has
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a future here in russia that. i actually think and read the cautious statements from the russian central bank more as an acknowledgement that monetary innovations are really a prerequisite for economic stability and resilience and then again corn is only one of the many that are on the menu to come and already had its positive experience with these occurrences particular in the transition after the fall of the soviet union so i guess this is really just a new phase of if you can all of this directly and of course but corners the big marriage that's asking the regulators to make a public statement of this and to flee in the spirit also this week we had a big day didn't weigh getting thirty thousand. but he's pledged to go to the emerging markets with that he's going to going to india south america parts of asia as well do you think with the big client that's where it belongs pretty well that depends how you define bitcoin of course if you talk about the payment protocol of
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bitcoin this has huge benefits for the financial access and some support that these markets for traditional banking sectors really failing most of the population with our experience in developing countries particularly in kenya and south africa and brazil and it's really more the credit comes with. interest free and collaborative issue credit that helps local communities together to come in as a payment system is really of great adventures there that's also partly why we're at the university of khan payments for our foreign students because they're sprayed easier than using traditional banking systems and now europe should update its laws to reflect the rise of does your current does that's what the hey it's all a bit coin startups head off a successful us. do you agree with this is it seen as broadening the a pail of bitcoin is now the time for more regulation. we're absolutely in favor of revising regulations in the light off these new currency that just came to to the playing field with bitcoin making the news so prominently
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but they have always been. in these conversations about the currency that we already know of in europe now we are engaging actively again with the regulators in our you partners to show the central. front new kind of currency from time banking to local currencies to business to business currencies and has the right in an ecosystem or finance and actually delivered through their policies and to their communities on the ground directly and that has to be recognized in the legislation which is still written in a way as if money was only gold and it takes a quite a lot of effort to revise the terminology and understand what money actually means and of bins of all thank you so much for talking to us from sunny london today we really appreciate that as we know with the big point it's a working progress is it as we always say. saluting some everywhere isn't it as been a week of banking fines foes felt his largest bank. agreed to pay
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a record nine point five billion dollars to u.s. prosecutors the settlement is over allegations that france's largest bank violated trade sanctions that were imposed against trade with iran. and it was goldman sachs the u.s. bank was fined eight hundred thousand dollars by a u.s. regulator for failing to ensure the trades in its don't took place at the best price all dog pools are trading areas that keep prices private but they're still expected to offer the best prices available in the u.k. as barclays could be next the british bank is accused of falsifying documents missed representing benefits to clients including pension funds in response to the finding of the case shares of the bank dropped five percent. funds in russia then banking data will soon no longer be private the tax man will now have the
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right to demand access to anyone's. now details at any time where somebody who also have to inform the taxi service about the opening and closing of savings accounts within three days those procedure is aimed at preventing tax evasion so i'm joined now by mark rubenstein from ya bank who in la sky mall the question is will they smash a stop tax evasion hey very much stuff. this move rather this moves they definitely going to direction the. russian government now once this is saudi and tax reform to go into it and that is the direction that there is that they're going to be why the axes of texas authorities to their records not only of companies but of individuals as well basically this is copying the current legislation the state the state in terms of the taxes in the in the developed
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countries where. in most developed economies tax authorities can gain access to the individual accounts i think. this will suddenly. stop a some tax evasion in russia i think it will certainly send another signal to tax evaders and they will be forced to be sort of more inventive fifi fief i could say that but it differently and will have some impact in terms of tax collection do you think that it is invading people's privacy do you think it maybe is a step too far. well we do it certainly it certainly is and it is invading people's privacy. my view is that access to bank accounts should be only giving to the texas authorities when there
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is or a little brown said. and distribution there. has been story you just usually terms of objectivity much oh it's got to be order. there we go low well all the turks will go toward to get out says people bank account i just streaming into action the issue playing for mission is to bank account of a range of egil i think that different. invasion of privacy came out queer leave it that thank you very much indeed for your time today talking to us from sunny most sky this time. to a different type of fine entirely the next time you feel tempted to post a little abuse all of its partners facebook page well don't well just because it's not nice but because you can't and with a hefty fine for doing so a thirty year old man from ireland has been forced to pay over two and
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a half thousand dollars for posting abuse on his ex girlfriends page i don't know he just the friend the ex and or honesty is normally a better that way this guy is the culprit is it wasn't happening here rough surface because post of russia is determined to solve the problem of missing post it is ready to pay over half a million dollars for a brand new mobile app to track parcels on the journey that apple sold like eight the nearest post office fund the syrian government has signed an agreement with the russian companies to avoid gas the deal is to construct an irrigation project to fight drought in the northeast of syria and is worth over two hundred and a half million dollars. could you get the sat one of the projects of japanese when to settle in argentina the deal would reportedly be part of the exchange of assets between the gas mages and soaking of gas probably the price of china will pay for
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russian gas was revealed this week the various reports point to the same place it is paid by many kylie was told that china would pay much less a country that has been buying russian gas now for forty years. time to ten what they've been up to this week all last week it came up several stall russian steel which is a great name for both the steel company and eighty's action movie or russian steel but the interesting thing is due to the crisis that's happening in ukraine a demand for steel increased and so they went up by three percent and i made about five hundred dollars if you could believe that so you're also one interesting thing about superstar is they're not only a company but they have their own dedicated hockey team not just some team that they put their our logo on the jersey but let's see who are going to invest in the this which you don't actually think we need to maybe stack the deck with a couple of companies that are less successful because we just keep winning and there is yes
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a ball and it is all of the whoo waste of money you know let me explain that will get wasted money that means i have to waste one hundred dollars on something fun last time it was pizza and we're stuck with a superstar for bad or good for and i tell you well it's worked out well so far there is a lot to not see bad we saw that last time as well when you had waste money you did spend one hundred dollars on piece of pizza. over some ten best of luck with the math so. it was a native for a sale company this way we certainly are working for us and good luck oh thank you very much we will see you in a week. and us citizens of course celebrate his independence day this weight on the cost of doing so well it was molten out of a bow. full because i know i only with the five six praising but also food prices the cost of buff a favorite some talking about beef ice cream and even salad. sauce
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prices for beef off sixteen percent now this is due to a shrinking u.s. council on the drought in california as well has also boosted production costs if you all watching for america still matters to you and just how often and had a great day and to everybody else as well i will see things week that is venture capital done and dusted have a great one to buy. as a new physician i swear to abide by the crowd to go. to the best of my ability and judgment. i will prescribe for the goodness of my patients. i will not give deadly doses to anybody. for advice of those to do so. i will never do harm
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to. doctors if the docs on. no c.n.n. the m s n b c news have taken some slightly but if i desired by their commitment to cover all sides of the story just in case one of them happens to be. that was funny but it's closer to the truth and might think. it's because one whole attention in the mainstream media works side by side the joke actually on we're. going to look. at our teen years we have a different approach. because the news of the world just is not this funny i'm not lessen their mood on.

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