that's a good. one final quick question are you personally invested in crypto curds these . actually today you should know so they should know they do and then you statements about it but i think that was one of the best decisions i've made all go felt the bitcoin queen of switzerland and c.e.o. of smart valor thank you so much for being with us thank you board to your bone chilling. to find now for a quick break but hang out with us because we want to finish out our week here at davos and here are the numbers at the closing bell. about your sudden passing i've only just learned you were yourself and taken your

last turn. to us we all knew it would i tell you i'm sorry i could 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 spring . but then my feeling started to change you talked about more like it was again 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 leave a funeral the same as one enters my mind gets consumed with this one to. speak to us there are no other takers. to claim that mainstream media has met its make. sure the stand have their home. well from what i saw you.

know that i'm an hour or so but there are rather democrats that are for their medicare that are. only allowed to but i'm going to cut in line you can keep an eye on what i have to lose a chunk for twelve years on that and it is now going down. below and i was going on the show that a lot of it does the other thing they own a lot of the. members so i will not pay for the innocent who is. good for the toll for place choice for the i'm yours or yours and pay our chairman serious said larry she ought to give up. somewhere else for them after

a couple fights around the sec if that for jim and lawyer i hope that our friends in the court. so we really only hear of davos like once a year for the world economic forum right but what happens to the town during the rest of the year what do they do there all year what does it have to do to get ready for the biggest economic meeting in the world let's go back now over to barcelo who's there and what's really. for most of the year davos switzerland is a quiet town of under twelve thousand people as the highest town in europe of monks the swiss alps most of the winner is about snow in winter sports there skiing and

snowboarding and skating but the week before and the week of the world economic forum this city shifts and tremendously transforms fashion during the forum week one is as likely to see folks on sidewalks with old school wingtip shoes and briefcases as they are with people with skis boots and poles even buildings shapeshifter just days ago there's a pizzeria dance club that is transformed into what is now called crypto h.q. a local wander a shop blue lemon for this week is a temporary home to sales for the cloud computing company costs for these rentals can run in the tens even hundreds of thousands of dollars a church was even transformed for the week into a money making venture is they rent out the establishment even nations like argentina and ukraine have rented various buildings we've interviewed guests this week at the india house and the russia house and the local economy is also boosted by big bucks at hotels where if you can find

a room it will cost you five hundred dollars at a minimum and at restaurants the cost of a steak meal with no frills can run you one hundred dollars this year has been especially transformative and not in a great way davos has experience more snow than any year since one thousand nine hundred ninety nine st snowblowers fill large truck which take and dump the snow outside of town as another truck quickly replaces the older one and while the removal process is a fish and all that snow has made the already small roads not much more than a single lane making traffic totally terrible that's either with hundreds of police officers from neighboring communities joining the security and traffic effort on tuesday for example it took the boom bust team two hours to travel only two blocks as a forum ends today. many attendees will stay over the weekend come monday residents and businesses alike and doubles will begin to get back to normal but they will do so with

a little more money in their wallets and their bank accounts. as you know the world is becoming smaller and smaller every day one of the things that's helped us connect is the ability to talk to virtually anybody almost anywhere with the advancement of technology a person here in the u.s. could be skype being or on the face time with somebody in china in just a matter of seconds this theme of global messaging has played a huge role at davos and bart managed to catch up with one man who knows a little bit about the subject check it out. and we're back again and this time we are fortunate actually honored to have philip metzger who is the director general of the federal communications office here in switzerland but more important in that he's also a global leader on technology and communication issues director general thank you for being with us thanks very much for having me and in davos of course the conversations about what we do in the world and how does communications and

digitization play into creating a less fractured world serve well of course that is that is the one million dollar question because on the one hand the communication per se we know that's that will be used to interact as human beings but on the other hand digitization is changing our entire lives how we work our we live how we play and so i think we have on the one hand the challenge of having a communication that reaches anyone and that we can have open channels of communication that we have a certain freedom to express ourselves and on the other hand with the new digital potential that we have we have to make sure that we move forward into a digital world without leaving the people behind and so inclusive inclusiveness inclusive it see it will be key and that requires i believe new forms of interaction as well to reap the benefits of the just as a she and director general you certainly know about our reversal of net neutrality

which for lack of a better phrase rations knowledge because it rations choice and information whether or not it's on the internet or on television but how do you balance as a regulator the free market and demands for open access etc at the same time privacy of individuals how to how do you walk that tightrope and i think that's of course a key aspect of how we make sure that going forward we keep the internet open and free and that people can use that tool not only just to communicate to interact but all. so to develop innovation and to develop and new services new goods and of course to allow for sustainable development which is our overall goal if you think about the twentieth erkki agenda and so i think that having said said that the question of neutral access of open access is key if you look at it from a swiss perspective we certainly want to make sure that our networks are open that

there is no restriction there is no blocking of content we are keeping a close eye on that we have good initiatives from the sector we have good business initiatives we have good interaction between the stakeholders because citizens are concerned about this is well but ultimately also need a number of number of rules without over regulating it because that can be counterproductive as well and so as we speak we're discussing in switzerland the revision of our telecoms act where we would like to in trying a number of rules regarding transparency so that the customer actually knows how his or her data is being treated and that they have a choice and i'm familiar i've been in this circumstance before where you know there is often times in overreaction to by politicians and i don't say that a negative way they are accountable to the people but legislators they want to do something and it's really your job director general jobs like i had before where you have to say nah let's make sure we do the commonsense approach and you go in

and listen to people so that's a really a complicated balance to hold as we've talked about all the other issues well of course i mean i'm speaking again from my own country you know our fundamental freedoms are key to us there in trying to our constitution the freedom of expression is an absolutely key tool for having the democracy that we have in switzerland the director more prosy work and so we certainly want to make sure we keep that openness having said that we are also aware and that's one other point we're going to try and change in that act that would the government. proposing a telecom's act to make sure precisely as you mentioned child pornography that we can crack down on that more efficiently because there are a number of rules today and so it is a fine line as you said it is a fine line that we have to walk we want to be sure there is no overreaction but clearly there are fundamentals where days frankly a political consensus as well where we want to make sure that there are clear limits and with regard to big data this term that's often thrown around we're so

your phone companies can follow you around in your mobile device except for how are you balancing that freedom of big data and at the same time looking at scams and fraud internet crimes and well again i think for us to have that freedom and to preserve it is key we have a belief a constitution which allows for a lot of private initiative to come up with solutions that work that people are hearing to that they're also buying in a sense if you speak about business but on the other hand what we realize of course is that we also have clear maybe european views if you will when it comes to data privacy and they may be different from other continents i think we have a sort of a common understanding that we want to have a control over our own data as well and i think is that one of the major challenges going forward big data and data per se is becoming an incredible resource and incredible. some people call it infrastructure rather would say it's like

a raw material in any case it's something which allows us to progress a society the question is on the what conditions and the can and the question is for us also in switzerland is how can we provide for a framework which allows us to generate added value because what we see at the moment to be quite honest is that a lot of this value is being created elsewhere and here they are major corporations global corporations which are of course have had some plastic inventions that they're using though that they're promoting that their commercial. we have great infrastructures i.t. infrastructures in our country but i don't think today we are getting enough of the share that we would like to get from the potential of data so we will have to find there as well find the right balance between the data protection which is a key component in our culture again and i think in a wide european context on the one hand but becoming better in trying to provide the right rules that allow businesses that allow

a also the use for commercial purposes and i think the key component is to bring that together so they would be more tools for the individual to decide what he or she wants to do with his or her data and then enter into a kind of a transaction mode with business director general i travel a lot all over the world but i travel in rural america too and i can tell you in the states there are some places that you know it's not how much how many bars you have it's whether or not you have a bar whether or not there's even service there and it needs to be much better but i'm curious what's the circumstance you travel all over the world to know what's the circumstance here in switzerland in the europe and in the world do they even have some of these internet or internet connections in some areas like sub-saharan africa etc well i think we have as i mentioned earlier we have i think we have certainly for speaking for switzerland very good connectivity and the providers the telecom providers operators are investing to keep investing

a lot in that both fixed and mobile but as you mentioned i mean if you look at the global scale if you look at this this issue there is clearly. something a risk in a sense that we get to a digital divide where we have people with access and we have others we don't and we know at the moment on the global scale it is not a really positive picture because too many people don't have access to the internet and again as important as the open internet the fundamental freedoms that can be expressed over the internet and unfettered. access is important of course is to get the physical infrastructure in place and there i believe technology helps us in the sense that we have a lot of mobile great mobile technology or satellite also that helps to leapfrog in the number of countries where they couldn't just deploy you know fixed wires in the ground and on the other hand we have to ask ourselves what policies and what regulations are actually conducive to investments we are right now working in the

within the broadband commission for sustainable development to which i am a member on a set of policy recommendations which should be you know be looked into by decision makers when they decide what kind of rules they set because we can greatly influence the will and the willingness of of operators of investors to come to those countries who desperately need the access so i think it is a fundamental point if we don't crack the question of the digital divide we will have major major issues and we will leave the vast vast populations across the globe in a situation that they are not supposed to be that they deserve to be much better much better connectivity and so i think that's that's ultimately what we're here for director general philip metzger we thank you so much for your time for your dedication to public service and for being a global citizen and helping to work on these issues all over the world thank you

so much for your time is an honor to be with you thank you. all right that does it for me here in washington today but be sure to join us next week we'll have a ton more stuff that we didn't get to share this week in davos finally back with us here in studio next week thanks for watching i'm an election and let's check out now with art over and all of. that's all for now it's been an interesting and really fun week actually and we hope all of you got a full flavor of what's been going on here at the world economic forum in davos which. and you can check out boom bust that youtube youtube dot com slash boom bust r.t. so long now from switzerland see you next week from washington. yes it was but with a large applause you. help remove

the muscle tension i believe will move forward so will the young thing we will all soon but you know one of the awful stuff in little bush is that so. many times. have changed due to the you know the model of the scots more leave the new coach the least c.n.n. team g.b. easy show treating the book schedule. you will know that the took. the procedure to the imus show you can you get other corners but then you tell us maybe you did to us all but you're using my suspicion of us they. hate everybody i'm stephen ball task hollywood guy the suspect every proud american first of all i'm just george bush and r.v. to say this is my buddy max famous financial guru just a little bit different i'm honest abraham lincoln hall and i know no one knows up

with all the drama happening in our country i'm shooting the road have some fun meet every day americans. and hopefully start to bridge the gap this is the great american to. prescribe medication is widespread on the u.s. market and a frequent call. of death at that point in my life. like everything was ashes my family was literally coming unglued i had actually planned. to commit some site watch all who has made antidepressants so commonly used we were doing what the doctors told us to do we were being responsible and what the real side effect. was literally all to what i did was done on

a cocktail of lethal drugs. just because something's legal doesn't mean it's thing. is america as it actually is a bomb over the fantasy is reality and he's doing what you'd expect a seasoned businessman to do cut all the nonsense out of the mix bring jobs back. no no. one who was really. what is going to need a. hundred

sixty nine russian fleet soft cleared to compete in the winter games by the international olympic committee or. some of the country's top medal hopefuls maybe it's on to the. massive explosion rocks the diplomatic district of the afghan capital killing at least ninety five injuring nearly one hundred. sixty. donald trump will be visiting the united kingdom later this year however activists are already planning to greet the president with huge protests. for a good evening to you thanks for joining as you watch it are. the international olympic

committee has announced that one hundred sixty nine russian athletes will be invited to take part in the upcoming winter games in south korea the organization didn't publish the names of the athletes cleared the number matches the team size announced by russia earlier this week and it's thought of some of the country's top medal hopefuls will have to remain at home. i was left out of the economist and i much of the time attack was because of the question of the bias that is surely my belly is which is to get a lifetime of them. yes that was the hustling off carry on he gave all that time passed over the past one that had happened yet or at least slightly that he was i didn't think he and i am one of the

it's yeah one which was the way of the church which was capital and that is latin i think before i mean any that i don't know when my past was too high and i think in . my thoughts are leaving everything behind and returning home it was my dreams can be to the olympics and i was working towards the go through hundreds and thousands of difficulties through sweat and blood. of innocents and i'm serious about it was the earth mostly of

the might have him. in the evil cities which is the cause of this really provide us with the. issues of survivors to go on thoughtless restore. the truth of the much time. so you must show as. and from participating in the winter games almost two months ago over allegations of state sponsored doping clean athletes are being given the chance to compete as neutrals and those with no past violations are allowed to take part and they will also have to undergo additional tests the i.o.c. says the final decision is based on an in-depth individual review. has been looking at the criteria weeks after russia had come to terms with no team rushed in korea anyone with even the slightest interest in sport in this country was baffled dozens

of clean washing star athletes never got their olympic invitations those who'd never been under any suspicion by the sporting federations or even the i.o.c. when they had everyone with a russian passport under the microscope forget about your dream end of story no explanation that could have been the case but the international olympic committee then let us know the seventeen criteria they used if you don't match at least one or rather if there's even doubt about at least one of them you're out. that could be suspicion that could even be an ongoing procedure that could be many factors which did not lead to the satisfaction of the panel the purpose is to invite clean russian athletes for which this panel was certain and has not the slightest doubt or suspicion again seventeen boxes to be ticked to get the all clear there's all kinds of things on the list from the infamous scratches on sample bottles to that

obscure final segment additional confidential information provided by wada even one of those gets you a red light but the criteria set by the i.o.c. itself might well race suspicion not only in russia take the first two which essentially unite all the rest by the way being sanctioned by the i.o.c. investigators or any anti-doping rule violation in the past the latest group of russian athletes who found out they're not go and were never involved in any of that another box to take issues revealed by the moscow anti-doping lab database well it's the whistleblower and his team who used to be in charge of it. it was created by the deputy of grigori which includes and had several levels of access until the summer of twenty sixteen it was possible to change any of the data there the world anti-doping agency coincidence back in twenty thirteen it cannot serve as

evidence i've mentioned scratches and marks on sample bottles arguably the most solid proof that however was never shown to the public just like the visual results of the bottle flaw experiments back to the water's mysterious additional data that amounts to intelligence extracted from its whistleblower program and other sources many people in russia would like to know who these sources are and why they should be trusted one more segment additional intelligence provided by the international winter federations i'll tell you what the association that unites these federation said the i.o.c. our request to clarify what's going on some federation official seem to have been racking their brains while the president of the international biathlon union was particularly outspoken it is very sad there is no direct proof of guilt the i.b.u.

tested human numerous occasions and never tested positive for a banned substance so apparently it solved down to the criteria of choosing the right criteria russians who compete in the games will have to follow strict rules and according to the latest i.o.c. guidelines they must not participate in any events associated with russia's national symbols which is the flag or the national anthem the same goes for social media with the posting of official symbols for the russian athletes are also prohibited from participating in alternative victory ceremonies including any organized by the russian olympic committee russian competitors can display their national flag in the bedrooms. we discuss the latest development surrounding russia's lympics saga with a former champion alpine ski racer from austria and the president of the russian cross-country ski federation. yes i'm not that i'm an opinion my. cattle

obama's puts me in which the one particular. doesn't mean you should push but in my statistically the posts that he's the fifth. either wish that i'm here. lighten up the pressure to put things in there or that. gives me a stone you have to pre-clear in but the russians are clean and if they're if one is not clean then. supposed to be banned from the olympics but not to hold the name it's the first time that whole nation gets banned from the olympics and this is this is very proud for the sport if for russia but don't but this appeared on the olympics then

the olympics are gone. the u.k. has announced donald trump will be visiting britain in the second half of the year despite activists vowing to stage a huge protest when he arrives the president himself seems unfazed. i think a lot of the people in your country like what i stand for they respect what i stand to lose and i don't stand for tough border are going to come to those who don't what do you say to them i don't care i don't care it's just one of those things i don't i don't say anything you know why because i don't care to visit had originally been planned for next month so he could officially open the new u.s. embassy in london the president council that trip claiming he wasn't happy about the embassies may have. been looking at how the u.k. and u.s. failed to find common ground in two thousand and seventeen the u.k. prime minister to resign may has invited u.s. president donald trump to visit the united kingdom later this year it comes as the

two leaders met at the world economic forum in davos and also comes amid rumors of a breakdown in the relationship between the two countries if you. like you. say thank you for. what a great. thing you're doing. whether rumor or not what is real is that twenty seventeen saw a real strain in the so-called special relationship. is the only way. to reason made don't focus on me focus on the destructive radical islamic terrorism that is taking place within the united kingdom we're doing just fine and perhaps a change of heart by president trump in order to repair that relationship he's indicated that he's willing to apologize for retreating.