the mode of quake or fighting like that a lot of funding you can use the rehabilitation of your whole live in the outlines of the bill it's very hard. not. to its nationals and i understand the different forms and clay for the rest of them before just our thoughts come into increasing the funding for the recovery effort for such is the whole gulf to deal with. but for the whole region the government which has been so affected by fighting recently. some for the revelations have been on the so-called trump dosia which describes an edge links between donald trump's campaign team and russia these relate to the also of the document former m i five agent christopher stale and from way he obtained his information on the samir khan reports from washington. mr steele's memorandum states that the report was information that came from foreign

subsume who is in touch with a friend of the clintons it is troubling enough that the clinton campaign funded mr steele's book but that these clinton associates contemporaneously feeding mr steele allegations raises additional concerns about his credibility well according to a newly released document clinton associates were feeding information to christopher steele while he was compiling to trump russia dos here and what is the document exactly well it's a heavily redacted version of the criminal referral against steele that was filed by republican senators chuck grassley and lindsey graham interesting lee enough it exposes coronation between the clinton campaign and the obama administration with the intention of damaging trump and in the document it says it appears that either steal lied or the classified documents contained materially false documents but going back to friday's memo it states that steele's dossier is full of unverified claims about trump supposed links to russia but most importantly the memo asserts that the f.b.i. didn't reveal the origins of the document and of course both the f.b.i.

and the democratic party have claimed that the memo is incomplete and misleading however some legal experts have also said that the f.b.i. was actually under no obligation to reveal the memos origin so let's quickly go back to how this all started a steel was hired back in two thousand and sixteen to find links between trump and russia but according to reports his dossier or was based on unverified allegations provided to him by the clinton campaign who was funding steele along with the d.n.c. and then the obama administration to use that dossier or to secure a warrant to spy on the trump campaign now it's been revealed that the clinton campaign was not only funding steele but providing him with information but we can't predict what's going to come out of all this so we're just going to have to wait and see how this all plays out. well meanwhile the house intelligence committee has voted unanimously to release a classified democratic memo this document challenges republican claims that the f.b.i. abused its powers in the trunk russia probe political talk show host brian crabtree

says the democrats are just seeking ways to keep the russia collusion story going first it was going to damage the f.b.i. terribly it was something we could never release it was going to damage our sources and our our contacts and methods then it was nothing and now it deserves a rebuttal my head spinning how it how does it play out well obviously there's going to be a politically weaponized document forthcoming the white house will likely release that will try to refute what is in the memo that took months to create robot republicans this thing's just been in the making for a couple of weeks now by the democrats so that's the first point the second point is it will give the left in our country democrats something to say look all of this is untrue and there was trumped russia collusion that's going to be the narrative that plays out. russia is mourning the death of major demond filippo whose plane was shot down by islamic militants in northern syria on saturday the

soldier avoided capture by taking his own life detonating a hand grenade when he was surrounded by enemy forces on the ground. the part. the monsignor perform on felipe of was fighting terrorism and died of a heresy i came here today to honor him as he gave his life so that we can live in peace. live in high school he

dreamt of becoming a pilot and eleven's great when we were discussing three choices june cross he said without hesitation alone to fly after he entered the military academy he was came back to the high school during huge winter break when his military uniform you know hid behind others when anyone needed his house he was always there but he never did it to show off he was a great guy. the international olympic committee has rejected the request of thirteen russian athletes and two coaches very much haitians to this month's winter games the athletes were recently ruled not to have violated doping rules by sports highest court but the i.o.c. still has the power to decide who can compete at the in and picks. we are right the same street procedure of the extremely disappointing constitution upholding a number of repeats. the privilege to be invited

requires. then just the absence of a stage. so we have not been right. all the athletes requested invitations to compete along with other clean russian competitors under the banner of neutral athletes from russia on thursday the court of arbitration for sport so the i.o.c. is evidence that the twenty eight are taken bound substances was insufficient in twenty cases the evidence collected was found to be insufficient to establish that's an untidy looking rule violation was committed actually it's concerned. the i.o.c. has decision has infuriated a number of russian officials the prime minister has accused the committee of violating the olympic charter and basic legal principles a representative of the country's box lay federation wibc the i.o.c. as puppets and the head of the cross country skiing association warned that a war is beginning figure skating coach tatiana qatar service says despite the

i.o.c. crackdown the russian competitors are highly motivated and that we in the i can vouch for our efforts are to give my right hand for them the ones who have been caused to side actually can figure skaters ksenia and twenty year old if you have who has been competing at the junior level that has done the north end of town your school sport is a place where you have to constantly overcome obstacles so we are not a parent can we are going there to make it easier for future generations of affluence to go and that is a great under the national flag and with the national. sports lawyer stewart appeal who really believes politics played a big role in the decision making process. it seems like a very strange way of going about things the the i.o.c. should be operating on the basis of the decision the cast had made what's the point in having that system if they're not going to adhere to it it does seem to me that political pressure has been brought to bear in this situation it's hard to see.

where a sort of a legal reasoning can come come about this decision certainly there's been a huge amount of pressure put on the i.o.c. over the course of the last six months or so particularly in relation to russian athletes and i think that there are i think there would be such a backlash if they were allowed to compete that maybe the i.o.c. feel that the that there be a lesser backlash if they if they leave them out which is of course desperately unfair on the cleanup it's involved assuming of course they are to blame. and the u.s. vice president will head to the winter olympics in pyongyang on friday but not apparently to enjoy the sport according to one of my pence's aids he wants to prevent north korea from hijacking the games the vice president will point out the reality of the oppression in north korea by a regime as insulators people were not allowed north korea's propaganda to hijack the messaging at the olympics the vice president's visit was announced in

january one day after north korea revealed its plans to send a high level delegation to pyongyang children well this follows a recent breakthrough in relations between the two koreas on january the fifteenth they held their first direct talks since twenty fifteen and soon afterwards it was announced north korea would attend the olympic games the two countries agreed to march together under one five and the opening ceremony for the first time in twelve years and the north and south also decided to send a joint women's ice hockey team while in the latest news the leader of north korea's parliament kim jong nam will be attending the opening ceremony dr simone chung from the korea peace network believes the games are a valuable opportunity to deescalate tensions. trying to actually supporting the korean our participation and unity and but it seems to me that there is the vision with india trump a demonstration. on the games for players one in seven percent or in the korean

or you know during the olympic winter olympic is a benefit not only for korean peninsula but also for the entire world this is really truly extraordinary time to party is trying to go on you know piece of things rather than war a faster and this is this is tragically streets just to strategic time to a halt. in one green. movement so i really hope that vice president doesn't really ruin this awesome opportunity and the spirit of peace. the u.k.'s high court has ruled against the extradition when the alleged british to the u.s. larry love is accused of carrying out cyber attacks on the f.b.i. and now among other organizations but the u.k. is lord chief justice says extradition could put the hunt to his life at risk. reports. holding hands with his family larry love left london's royal courts of

justice having won his appeal against extradition to the u.s. where he's wanted for allegedly hacking into u.s. government websites and very trying for. a very long road to the right result. and we we can exercise the sovereignty of our legal justice system if you can have a reasonable expectation that i'll be treated humanely if they have engaged in criminal behavior that they will have a proportionate sentence inside the court when the judge read out his verdict the chair is in celebration was so loud that the judge was forced to remind lowery supporters that this is a court of law and not a theatre throughout the legal battle the alleged attack is legal team heard it argued that his was a case of life or death love has asperger's syndrome and a depressive illness his family and legal team said that he was at high risk of

suicide and the u.s. incarceration system couldn't guarantee his safety it was very unfortunate the prosecution tried to paint a mental health conditions speaking made up fixation as comfortability to and that contributes to the stigma of people with them so this isn't as important. ministration of criminal justice and also for the humanitarian accommodation of people whose brains work differently so the case was remarkably similar to that of another british man accused of hacking into u.s. government websites gary mckinnon who has autism back in two thousand and twelve his extradition was also blocked but it was that then home secretary theresa may who did it since then the powers to block an extradition have been transferred to the british courts and laurie love's case was its first test but not all his legal troubles are over it's possible the americans might decide to appeal i don't know

if that's going to. no not that they have two weeks to decide whether to go or not and then yes we have potential proceedings in the u.k. but love and his family have always said that he's happy to face the music for his alleged crimes they just wanted to be a british band that british band or rather a british trial is likely to be larry loves next battle boyko artsy london. the e.u. is looking to accelerate its expansion into the balkans on choose day the european commission will discuss a plan to bring serbia and montenegro into the blog by twenty twenty five followed by four more countries well according to some media including the financial times this is part of an e.u. strategy to counter russia's growing influence in the region however the newspaper doesn't elaborate on that claim moscow has maintained close relations with most of the balkan states since the one nine hundred ninety s. and in particular it supported serbia during nato as military intervention in one

thousand nine hundred nine international affairs commentator marco gas it sees the expansion plan as an effort to shut russia and china out of the region. it's not so much a question of the russia posing a threat to the e.u. the e.u. the west in general wanting to make sure that the russians appreciate the threat. to them if they don't comply with what the west wants so this is about shutting russia out and indeed to some extent china as well from this region in order to make a monolithic e.u. stroke western bloc serbia is the only country on the list which really needs persuading and the reason why these persuading is because the price of e.u. membership for serbia unlike the others is incredibly high a lot of serbians realize very clearly that. in essence the e.u. is offering serbia the chance to lose good relations great trading relations with

many you can omit blocks in return for having good relations with just one and so we should recognize that serbia has several suitors on the global stage it's got china it's got russia it's got japan it's got the arab world it's not just about the e.u. and survey has been doing very well. washington is facing a growing backlash from the international community over its plans to modernize and diversify its nuclear arsenal both germany and china have now joined russia and iran in condemning the initiative the us defense department published its nuclear posture review last week is asserts the united states sees its nuclear weapons as a deterrent against both nuclear and not nuclear attacks the document also claims that china russia and north korea represent a unique and complex threat to the u.s. and its allies but some of washington's partners are raising concerns about the program the decision by the us government in favor of new tactical nuclear weapons

shows that the spiral of a new nuclear arms race is already underway as in the times of the cold war we in europe are especially endangered. we hope the united states will abandon its cold war mentality only sleeze sume special disarmament responsibilities correctly understand china's strategic intentions and objective review china's national defense military buildup. international relations analyst victor gao says nuclear proliferation is endangering the whole world the united states has the largest the defense budget in the world larger than the next ten countries military budget combined together if it needs this as a defense measure is completely correct there is misleading the whole world i think in the world we live in today we need peace we need stability we need development we need to have responsible global countries like the united states for example

taking up their responsibility rather than spending money more and more saw all developing and improving their nuclear weapons which are eventually a major threat a menace to world peace and stability. now the price of bitcoin continues to plants but the cryptocurrency crazy showing no sign of dying down moscow has hosted a major summit on all things but cheney an r.t.s. miguel francis santiago was there. welcome to our weekly digest on everything in the world the block chain this is our cheese could tell you i mean your breasts and. this is the w.b.c. the world blog chain and could still currency summit here in moscow and this is exciting so many different people from all over the world we have presidential advisors of the russian president we have lad martino from the if the area

chamber in russia. some people call this guy the russian bill gates we have all kinds of representatives a lawyers and private investors from europe and all and even american canada so let's see what this is all about and this is definitely a very interesting time for crypto currency here in russia let's go. now let's. for example i have twenty hives where bees are mining honey they do everything on their own and mine two hundred kilograms and each time so as long as i just eat this honey myself and share it with my family and friends the government doesn't care about what i'm doing when i make a move to sell it the government immediately calls it a business i think that investments in crypto currencies are very risky is even worse than forex. there is a very strong appetite for government any government rushing to get it under

control but at the same time the smart governments them to stand first of all it will be extremely difficult. but also. smart governments trying to understand how to to create a certain legal framework not to kill the industry and then based on this experiment to really understand what's the real risks and as soon as we understand the real risk it will be much easier to introduce property distillation to ministry . sometimes we need the data. because there's a lot of hype and frenzy right now which is not healthy for the ecosystem. so i actually like that because i buy index and then i told him and i think. we will probably be a larger than i've been pulling the ideal crypto bubble will burst in the face when we had the dot com at that point but then you know those are really generating

value will survive that to me sometimes those periods are cleansing and i like. all the bank of the latest headlines in just the hof anon meanwhile for more and more of the stories because washington. oh no appetite i mean for conflict is very very low these days and public service much more eager to see economic improvement and they are to. actually get into a fight with a neighbor or or with other powers in the world. this

is boom bust broadcasting around the world from washington d.c. i'm bart chilton. markets continue their curious correction with the dow dropping dramatically over eleven hundred points and that's yet again after friday's six hundred sixty point selloff and today we'll focus on energy with the assistance of ashley banks energy an oil trader david greene bird and solar c.e.o. campanella plus tyson slocum the director of public citizens energy program joins us were packed tighter that is justin timberlake march fifth so let's get to it first with some headlines the federal government is headed for yet another shutdown

on friday at twelve o one am with no sign of compromise on the issue of the doco dreamer's or on immigration or anything else there is talk on the hill of yet another short term c.r. a continuing resolution to keep the government open and with regard to the dreamers unless congress takes some action roughly seven hundred eighty thousand dreamers face deportee. haitian on march fifth and a related news the government's debt limit will be reached in early march as opposed to late march early april as previously anticipated the debt limit is the amount of money that the government can borrow as opposed to the budget deficit the debt limit will need to be raised beyond the current twenty point five trillion dollar level the debt limit does not restrict what congress can spend it simply allows the treasury department to pay bills already oh do which is why it's such a huge deal if it was ever not raised the reason for the earlier expected need to raise the debt limit is due to the one point five trillion dollar tax cuts that

will begin costing the government ten to fifteen billion dollars each month due to reduced tax revenues to. chinese e-commerce firm j.d. dot com maybe the biggest company you've never heard of if you're watching in the u.s. and europe that's particularly true the company's founder and c.e.o. has big plans to change that in an interview with the financial times c.e.o. richard lui discussed plans to expand in europe first in france then the u.k. and germany and then the u.s. all this year and yes they can and will compete directly with amazon the world's largest retailer lew says j.d. dot com will spend one billion dollars over the next two years to build up their logistics network in france and the company aims to generate more than half its profits outside china within ten years one major challenge for j.d. dotcom will be to match the speed of their logistics network in china which the company owns a big difference from amazon. and royal dutch shell and conoco

phillips have both reported strong fourth quarter earnings stronger than in the last several years in fact as crude oil prices jumped at the end of last year shells q four profits more than doubled to three point eight billion dollars from one point five billion in the same quarter a year earlier even with that shell said their cash flow has dropped due primarily to a two billion dollars charge related to the cut in u.s. corporate tax rates approved by congress and the president at the end of last year for conoco phillips profits jumped in q four to one point five eight billion dollars compared with thirty five million dollar lost during the same period last year conoco phillips was a beneficiary of the new tax law adding an extra nine hundred million dollars to their balance sheets. the u.s. is the second biggest consumer of energy per capita in the world coming in second right after china the world's most populated country the us holds the world's

largest coal reserves in the second biggest oil reserves accounting for twenty percent of the world's total oil consumption here's argy correspondent ashley banks to break it all down for us actually that's right guard according to hydrocarbon technology oil and natural gas accounted for over sixty percent of the united states total energy consumption which means the u.s. accounts for nearly twenty percent of the world's total oil consumption making the us the biggest oil consuming country and the world's second biggest natural gas and coal consumer let's compare that to china which accounts for twenty two percent of the world's total energy consumption over sixty five percent of the country's total energy consumption was due to how much the country consumes coal this makes china the world's biggest coal consumer producer and porter china is also the second largest oil consumer and one of the top five natural gas consumers in the world let's take a look at francisco. sumption france is one of the biggest energy consumers in

europe it accounts for about two percent of the world's total energy consumption nuclear energy accounted for thirty nine percent of the country's total energy consumption oil comprised of thirty two percent and natural gas comprised of fifteen percent of the primary energy consumed by france let's compare that to south korea or south korea account for about two point one percent of the world's total energy consumption and about forty percent of the country's total primary energy consumption comes from oil the country is also one of the top five all importers and the six biggest oil refining country and the world the country imports over eighty percent of its crude oil from the middle east saying in the same area let's take a look at north korea while south korea and china shining brightly and night here's a picture of north korea the entire country looks like it's asleep now this photo

was taken by a nasa satellite it shows a lack of electricity produced and north korea up north korea supply of electricity is too small to shine through the night on circle back to the u.s. here's a satellite image of south that taxes unlike north korea south texas is shining bright but barton what we see here are bright lights from the wells and fracking equipment and eagle ford competing with whites from nearby austin san antonio and corpus christi while research shows fracking has fueled a dramatic boom in america's oil production and has also made the u.s. the biggest oil consuming country in the world bart. actually thank you so much those images are amazing particularly the ones where they have the fracking which is as large and as bright as corpus christi thank you for that great report appreciate it.

and energy markets impact us all in a very fundamental way and here to discuss energy markets and more is energy trader david greenberger that sound of green founder of greenberg capital and former member of the new york mercantile exchange board nymex word the global oil is traded david thank you so much for being here with us before we get to oil i want to ask you about your take on stocks i know you've been in a car but the dow down eleven seventy eight you have a view on that it was really it was wild it reminded me of the silver crash years ago when i said to my father that you know it's selloff happened there in launch and he said it happened in a buy the a sandwich i mean it literally it was down five hundred forty points when i got in the elevator on the ninth floor and was that about fifteen hundred points by the time i hit the first floor while that wild markets but it goes back to as you know i've been you know talking a lot of dollars trying to train you know over the years and the pros and the cons and this is one con of electronic trading is that when the bottom falls out there's

nothing to stop it because there's a lack of liquidity on the depth level and that's something that we should talk about at some point yeah and there really seemed to be a herd mentality i mean people knew there was a correction come coming and they talked about five maybe ten percent but we didn't anticipate it that we're going to get it all and on friday and today and who knows what's in store took tomorrow but i'm glad the markets are back to energy david oil dropped a little bit today but you know overall they've been higher markets have been higher than they have for a couple of years what do you make of what's going on you think they're going to stay there. well it's the energy markets really interesting i mean if you look at it as a a long term play ok let's look at crude oil first back in zero eight we were at one hundred forty ok now that we're trading around sixty three sixty three mark so the range over the last ten years in twelve years has been very broad and some people tend to only look at the at the minor range i've been talking for years i think the

level you know the proper level for crude is anywhere between sixty five and seventy five or trying to finally feel that you know that space right now but a lot of things are happening to get us there we have opec that's behaving ok so they're kind of sticking together we've got demand that you know somewhat went up which is good but the key thing is that we have speculators that are in the market now in a much higher level on a much broader level and they slowly specially with the electronic trading you know market can slowly bring the market up ok the real question is going to be is as we saw in the stock market today in the bitcoin market in all these other markets when speculators are in the market and there's a trading mentality i call it in my class the light switch theory everybody's a buyer guess what until they're not so let's talk about what might happen when that switch gets turned and it goes from buyers the sellers you could see a nice ten percent correction in this market.