tv News RT February 8, 2018 9:00am-9:31am EST
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that you're going to have some conservatives in the house certainly the freedom caucus is going to have a lot of problems with the lift on the on the debt ceiling the left on the caps on domestic spending you know the democrats got lots of what they wanted i'm a little disappointed that mcconnell didn't stick to his guns a little bit more but this is what bipartisanship is i guess however it just shows how ridiculous the shutdown the schumer shutdown was a couple of weeks ago because there's no immigration connection to this budget bill at all now nancy pelosi wants paul ryan to do what mcconnell has promised in the senate mcconnell has promised that a doc a bill and amendments will come up in a fair way when it comes to those issues on immigration and very soon paul ryan has promised no such thing paul ryan says he will bring up issues to the floor if donald trump would sign them and that's a hard line and i'm glad he's sticking to that and steve are there any details on
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the infrastructure number i know that they're talking about including that in there but if you heard any numbers you. know i remember you and i after the state of the union discussed that it would probably come down to two hundred. two hundred million dollars from the federal government that a lot of subsidies no there's been no specifics that i've heard about that's not true there's i think six sixty three billion for opioid abuse and eighty some odd billion for a military spending so there are some numbers i have not seen a number for what you just alluded to as far as infrastructure and do you i mean with the debt ceiling that's a big deal i mean we've debated whether or not you know the government shutdown impacts markets much of it depends about how long but i do think that with the debt ceiling doing the debt ceiling and the budget plus if you get infrastructure that will help markets do you agree. it might help markets i think it's going to disappoint
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a lot of fiscal conservatives though because this is what conservatives and the republicans have fought for for years so i'm a little disappointed there but you know let's move on and let's keep that hardline on immigration get all four pillars donald when i work in the house and senate steve you'll appreciate this if everybody was grumbling when they went out of the meeting with a deal that was usually a pretty good deal conservative t.v. and radio host steve malzberg thanks as always. time now for a quick break but stick around because when we return we'll have our report card on the crypto champion oil down today with new large inventory reports and markets are up some here are the numbers.
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hey everybody i'm stephen bob taft hollywood guy you know suspects every proud american first of all i'm just george washington and r.v. enthusiastic this is my buddy max famous financial guru and well just a little bit different i'm not. going to hire another there are no windows up with all the drama happening in our country and i'm hitting the road to have some fun meet everyday americans. and hopefully start to bridge the gap this is the great american people. in america a college degree requires a great deal. paying a decades long debt. studying so hard it requires trust just.
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going through humiliation to enter an elite society. and parching to death sometimes quite literally. wants other true colors of universities in the us. a product of the blood flow to the best out of the children of the. people the concepts of. when i was preparing to perform i had actually passed myself to die i . don't know sir he said what. are you going to. get warm. in the home of stuff. i know you are. this continuous. he had done. so we'll see.
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what. was it he could with us he was just that yes scared me. so i told appear to education. welcome back to you you continue to take a hard line on bret's negotiations and now looking like they were even imposed sanctions for you carry noncompliance the european commission has circulated a draft which calls for the immediate sanctions for us for u.k. infractions against e.u. law and their actions would not be subject to arbitration by the european court of justice. global stock markets have been on
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a wild ride as we all know in past few days but the volatility in bit coin value makes those fluctuations look a little silly bitcoin was pushing twenty thousand dollars in december in the past few days it dropped from ten thousand to six thousand dollars today it bounced between seventy seven hundred eighty five hundred dollars this rebound happened despite a note from goldman sachs that predicted a total collapse for most digital currencies. and not long ago i sat down with the crypto champion a reef a con she was quite something i first asked her about the block chain. thank you very much bob and boom bust for having me here dialogue. the first part of the questions there are the various phases to block chen which actually skips the
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comprehensive comprehension of people first of the enterprise blocks in which most corporates are trying to incorporate in their business cycles to improve their profitability their bottom line and their business models but that just a very small fraction of the potential of logjam the second part is what goldman's can do with block share so for example does it ising every sort of regard education regards land regard medical records public data that's that has a very big impact and when you combine it with another edna's of ways that technology is headed and its impact for you to follow your technology for grab for the skilled jobs of to model that has a tremendous implication for gone ment's as to how they can shape the future of
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their youth that is the second one but the ultimate potential of block gen i believe is in the centralized marketplaces and be centralized exchanges and decent allies platforms and that aspect is still hard for a lot of people to grasp including the policymakers the gone moments and the carpets of course you wouldn't expect the godric's to get this aspect of logjam because it's beyond their scope they're completely focused on their own profitability so they are not to be thinking about this but the ultimate benefit to the common man and to the public the gift of the bushie nakamoto if you will is in this decentralization and that will only be achieved by a new generation of entrepreneurs new generation of innovators and that's not those who. who are expected to come out outside of the incumbent outside of the existing institutions once they come and build these up negations will these marketplaces and platforms that has been the true potential of blotch and will be unlocked and
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which are the sectors that are most adaptable that will be adopting block change first i would i would say that that manufacturing has a lot of implication based means supply chain supply chain law just takes movement of goods tracking of fraudulent goods authenticity and also linking the movement of goods that finance invites financing and those kind of things so manufacturing has a lot of potential specially where authentication of goods is important for example in pharmaceutical industry are very high value items like art even jewelry and diamonds and gold and those kind of very high value movement and i would also say something that has been overlooked entirely is in the education sector where the certification and training you know that now is the era
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where a lot of moves a lot of only in digital courses have come about the most the puter universities are offering the most valuable information for free so it is the first time the democrat eyes asian or equalization of educational opportunities coming about where people in remote countries can also access ready exotic courses like ripped open entries for example so when they have the knowledge what certifies that they have the knowledge is a separate industry which is which is training and skills validation so those kind of new industries can come about which would completely utilise block gen of. in a way that has not been used in the education sector before so they're made up occasions like this which is it has escaped the attention off
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a lot of policymakers and also the goblets for example yesterday i was in a panel where some media like fortune and so on they were asking the bucket experts tell us via the publishing industry how can we use block chip so one of the use cases is. you know the publishing industry is limited in their ability to deploy journalists are deployed people who can gather media who can gather information images videos incidents that are happening so what would come in handy is coach sourcing of information cultural thing off news if you will which the public the video the gathering because they happen to be there at the place of the incident and they also happen to have the images captured now they have needs to be a platform where the public and these publishing houses need to get together fiction mostly so a broad channel labels all these kind of new economies new approach or thing
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economies unlocking new sort of value that you haven't seen before on a go back to the investment banks because they make money on transactions under the can the existing model in banking around the world and so block chain really would be disrupted disruptive for them because if it's a distributed public ledger not an insular. ledger that's just for the banks then they don't make transaction fees so this can be pretty scary for them right that's a good observation you make and if you go deep into what's happening in the finance sector of your right to an observation that the banks have a knee jerk reaction to block gen. in trying to come and forming a consortium private consortium or a private ally. or a courtly of banks actually if you look at the quarter the that is million ovation there so it's just people joining hands and saying hey guys here have
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a threat here is a bad receipt coming and we can deal with the daleks join hands and let's call it a strong alliance maybe the band gets that in and goes oh wait that's not what's about to happen saudi jamie dimon so the banks are trying to reinvent the or systems likes the fd for example what was left so it was a messaging and the telecommunication system and first was a next generation thing become a bar after mastercard and visa was mastercard and visa that was one of the of their innovations to come about from the banking sector the plastic invention and the that had a real potential for the sop and this in the media had banks by did this not because who warned mastercard and visa the bags so the banks again form together and formed vest so that they can still have profit making within their institutions and they're currently trying to reinvent the same thing by creating
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a private block gentz and by having creating a settlement and payment mechanism there but that is not going to change anything at all because what they said what they claim they're going to do with the block gente they are already doing anyway so maybe it results in a foster payment and in quick a payment and getting rid of them got us born in banking which they're not interested in because they're the kind of porn and banks so actually does not pay the architect the process it does not. it does not create anything new so i would say if you look at it from outside the system looks the same the players within the ecosystem remain the same it's just a baiting there or ledge of it's a new niche. and it has no impact whatsoever in the financial services architecture so what is about to happen to the banks is a new sort of
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a player coming about and creating something which gump legally does away with this kind of a system and in rennes a new kind of system is does not need this go to the our alliance of banks of dong this doesn't have the swift kind of mechanism and creates an entirely different solution for example we're trying to come up with a decent lazed exchange balkanized i.p.o. platform vich can actually replace the existing exchanges which is an alternator which is the next generation exchange on a marketplace if you're up so if i talk to the stock exchanges i have actually spoken to some of the stock exchanges they say they have a lot of experience and knowledge in the way of the exchanges got into the work and where are the pain points and read custom of could do with some improvement and so on but that's knowledge and that experience is of no value to me because my mechanism or my solution is a completely different one which has not
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a single entity which exists in that ecosystem so my solution is completely different i don't even need to understand what they did before in the existing establishment so these kind of play us who would who can potentially completely do this dropped the existing ecosystems i predict these players to come a bog not from the banking industry but from outside so this is taking a step father from the think that wave but i would say that went that way of families in disrupting the banking sector because it was complementary to supplementary to the banks so synthetic bro why did the interface of front office on an interaction with the constable and the banks do so. the back office of the balance sheet for the business so they must do complementary but the next three which is blocked is not going to be complimentary it is going to be ready to be
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dating to the existing back. it's going to be intimidating for the existing banks it's going to be a disruptive technology that was crypto champion a riff a con it was a lot of fun to meet and speak with her and we do have some more of the future that's it for today thanks for watching be sure to catch boom bust on youtube youtube dot com slash boom bust r.t. next time. i'm completely confused about why a republican administration made a change that was the same surely. part of the democratic philosophy i can only think that somewhere deep within what they call the deep state in the us treasury there was a left leaning grad who implemented this change to a territoriality based system of taxation without anybody actually being aware of
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what was going on. despite its history of the soviet union. this was not about the lives of those from. this. group. who were the first to limp it with nine hundred fifty two with. concentration camp prisoners and front line soldiers sort of still think they have enough this could sort of move here which direction you can see unlike that of the ship solution because you're worse
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than the seconds of a month old and there shall go with those that i was applause with you if you think video on that though that's about the measures your precious little precious little personal precious little enthusiasm will double when you don't want to have them still more simply beating your love your listeners shipments up the army in the book you know as it does can we the us.
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thanks for joining us here on the international news team here putting together your latest world news headlines. dozens of russian athletes are still holding out hope of competing in the winter olympics which get underway on friday forty seven of them have appealed to the court of arbitration for sport to overturn an i.o.c. ban and they are now awaiting its ruling among those who have filed appeals to some of russia's most celebrated athletes for example six time olympic gold medalist
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victor on and saw a few games champion and township ulan aussies illiterate trying to now reports from the olympic host city of pyongyang. for almost two and a half hours the court of arbitration for sport was listening to the russian side which have now left led by their lawyer so these people won't get another chance to give their arguments to the court and now it is all to the cast members they've promised to announce some sort of decision by noon korean time on friday to go over to the bone we continue to depend on the can spam listen to our arguments and the decision will be reached within twenty four i was so things won't be decided to with few hours before the opening ceremony which of course puts extra pressure on the russian athletes on wednesday the secretary general hinted that still their
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mind to be at delay now here we are looking at three scenarios either cas decides to do nothing about the international olympic committee's move not to invite the russian athletes who have never been caught for cheating and without specifying particular reasons for doing that or the court of arbitration for sport chooses to give the green light to the russians and in that case that would be a massive blow for the audio scene and that would in turn to mean that the international olympic committee discriminated against the russians the third scenario we heard about from an online leak that cannot be confirmed but reports are suggesting that there could be a split decision on the russian athletes i'm standing by here at the temporary home of the court of arbitration for sport and i'll give you any news as soon as it comes out. however some athletes whose participation in the winter olympics is not
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in question and now embroiled in controversy that is after a norwegian state broadcaster and r.k. published a list of drugs the norwegian team doctor brought to pyong chang and r.k. noted a suspicious amount of asmer medication which contains banned substances we're talking about six thousand doses that's ten times more asmer drugs than for example finland brought to south korea now the head over norway's anti doping agency has admitted that the use of asimo drugs is very common in norway even when it's actually not even diagnosed the latest revelation comes after the release of a documentary that alleges the existence of an organized doping system at norway's ski federation and here in r.t. we spoke to one of the journalists behind this film. the ski federation is very angry about this and they don't want to talk about this problem and that's very sad
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in oregon it's more. than ski federation doping program we can see that forty one percent of the middle east have abnormal blood it means i don't think this is clean competitions we will see there are. doping also in this competitions we've asked of the international olympic committee whether it will investigate these durban allegations we are awaiting its reply however a sports lawyer we spoke to told us it's wiring the i.o.c. has not publicly commented on this issue. what's interesting is you heard the outcry in the media about these allegations you haven't seen any action by wada as it currently stands i don't see there being an investigation which you know is in the light of everything we've discovered with regards to the russian doping allegations is troubling everybody where there is a problem should be investigated we need to understand that doping is in fact
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a global problem is raised by this documentary we need to understand that doping as happened and occurs across the world and that this is not an incident slated to russia that this is a global problem it's a continuing problem and it's something we need to address seriously right now even be the greatest anti-doping experts in the west as a lot of cannot currently detect doping in athletes that's a problem. the u.s. led coalition has conducted as strikes against pro government forces in syria reportedly killing over one hundred u.s. central command described it as a defensive maneuver in defense of coalition partner forces the coalition conducted strikes against attack and forces to repel the act of aggression against partners engaged in the global coalition's defeat mission. the coalition said the alleged act of aggression targeted the so-called moderate opposition now of course going
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back to twenty fourteen amid all the u.s. led calls that assad must go america's focus in syria then suddenly shifted to battling i saw however with a terrorist now effectively defeated u.s. officials say the pentagon is preparing to dig in even further. our military policy in syria has not changed our priority remains to defeat of isis whether it's in iraq or in syria that is our intent to defeat isis and not do anything more than that the united states will maintain a military presence in syria focused on ensuring isis cannot reemerge total withdrawal of american personnel at this time would restore assad continue his brutal treatment against his own people to put its ability to the lack of a fundamental commitment to our agreements that is typical of current u.s. diplomacy including the reasons why the americans stay in syria rex tillerson piece at least stated that their only goal in syria was the defeat of ice so now they've
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got far more ambitious plans with middle east expert but he believes that the us has now shifted its agenda. we started seeing the us more interested in remaining and maintaining power and the us has over seven bases in the north eastern provinces of and. in syria where the kurdish militias are in control and it seems that they are preparing and building bases for the long run to stay for much longer than after the defeat of lysol. to counter the influence of iran and the middle east they are in syria and they will not leave before the political solution is reached. up will create some kind of power transition with insight and this is a very long term goal and a very foggy. no the. timeline and the u.s. is not going to leave until these political agendas are met and the fitting answer
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was only part of this is all of the. support for women's rights and gender equality picking up pace online with a number of prominent hashtags but when it comes to feminism people can't seem to agree on what's ok to say and what is not ok to say and so here's a party boy with some well details on that are you a feminist if you put on a muslim headscarf or on the contrary if you take it off and even burn it according to the internet it could be either you just have to choose your hash tag that says world hejab day that's the one that promotes women's rights to wear a headscarf it's called big in the u.k. and the u.s. job has nothing to do with oppression it's a feminist statement for many men i'm heads up the women this piece of clothing is the very epitome of oppression but then there's also the no hit job movement the
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one that condemns muslim headscarves as a form of oppression is especially relevant in iran right now where women are being arrested for costing off their veils and the anti head job brigade is outraged. thank. you he have you know. he. earned be earned and he didn't but if you thought religious stress was a minefield or simply that it doesn't apply to the web because language is getting political too in case you one of faith with the new rules using the word mankind is kind of a foe paw that's precisely what the canadian prime.
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