cation website the report highlights that two thirds of the revenue are likely from illegal listings that forty five percent of all new york air b.n. b. reservations last year were legal and that there are forty seven hundred private room listings comprised of multiple rooms in a single apartment and air b.n. b. also induces gentrification the study found that in nearly seventy five percent of the population and neighborhoods at highest risk of the air being be induced gentrification across new york is nonwhite meanwhile city officials are saying the short term rental side violates laws and threatens residents quality of life a spokesperson for the mayor's office of criminal justice told r.t. in a statement a legal hotels are depriving new york families of badly needed housing they also create considerable risks for visitors and residents alike by neglecting safety codes that are required in legal hotels the city has taken aggressive action launching an unprecedented number of investigations throughout the city in the most extreme cases we have taken bad actors to court that brought more than a million dollars in penalties now everybody disputes the findings of the report

and says that it's based on flawed methodology that exaggerates the number of life that the units are rented to visitors for reporting in new york trinity charges are to. well congressional leaders may surprise many of us do a larger deal for two years on funding including infrastructure funding and the debt ceiling that would surely calm jittery markets let's get the latest from conservative t.v. and radio host steve malzberg steve thank you for being with us this is actually surprise me as you might have imagined is it real and what's the latest. i think it's real we had a press conference earlier today with mitch mcconnell on the the republican side and then chuck schumer took over not a press conference but speeches on the floor of the senate and they both said they have reached this consensus they've reached this deal now they have to sell it but i think that's a fait accompli three hundred billion dollars in spending over the next two years the caps off military spending the caps off also nonmilitary spending now there's

no immigration deal in this two year budget deal and that is going to stick in the craw of many and nancy pelosi has been on the floor of the house since ten am eastern time today she's still talking conducting house filibuster if you will reading letters from daca people all about doc all about immigration all about how she cannot support any budget bill that does not include daca but she's not telling her members not to vote for it that's the important thing but they they've got they've got the minority leader they've got schumer right. oh yeah they've got schumer and i think that they'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 the infrastructure number i know that they're talking about including that in there but if you heard any numbers. no 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 now there's been no specifics that i've heard about that's not true there's so 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 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 trump when i worked in the house and

senate steve you'll appreciate this 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 crypto champion oil down today with new large inventory reports and markets are up so here are the numbers. national governments in various locations still don't understand what crypto currency is how mining works what bitcoin does and that confusion in the learning curve that they haven't bothered to climb leads to

a lot of missed choices messed up policy choices and it's because of a massive confusion out there so little is known about. all levels of government most levels of the consumer world and even within the crypto community itself. i'm here that muddy field stadium in edinburgh the home of the heart of scottish rugby i'm here to interview a scotland legend. a man who fought many great battles on this behind me now he's engaged in the greatest bottle of all his struggle against newborn disease. welcome back the e.u.

continues to take a hard line on brits at negotiations now looking like they will even impose sanctions for u.k. 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. and global stock markets have been on a wild ride as we all know in past few days but the volatility of bitcoin 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 bart and boom bust for having me here dialogue. the first part of the questions there are the vegas phases to block jan which actually skips the comprehensive comprehension of people first is the enterprise locked in which most corporates are trying to incorporate in the 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 digitizing every sort of regard education regards landrigan medical records public data that's that has

a very big impact and when you combine it with another edness of ways that technology's headed and its impact for your youth for your technology for the for the skills jobs of to model that has a tremendous implication for gone ment's as to how they can shape the future of their youth that is the second one but the ultimate potential of block gen i believe is in the centralized marketplaces and decent life 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 that though she 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 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 is when the true potential of block general be unlocked and which are the sectors that are most adaptable that will be adopting block chains first i would i would say that that manufacturing has a lot of implications specially in supply chain supply chain law just takes movement of goods tracking of fraudulent goods authenticity and also linking the movement of goods that finance in wife 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 no is the era where a lot of moves a lot of own line digital courses have come about where the most the puter universities are offering the most valuable information for free so it is the first time the democrat eyes ational are equalization of educational opportunities coming about where people in remote countries can also access ready exotic courses like with the clintons 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 utilize block gen in a way that has not been used. in the education sector before so they're they're made up occasions like this which is which has escaped the attention off 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 there needs to be a platform where the public and he's probably sharing houses need to get together fiction lesley so brock's enables all these kind of new economies new approach or thing economies unlocking new thoughts of value that you haven't seen this will only go back to the investment banks risa because they make money on transactions under the can the existing model is 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 alliance 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's a threat here's a bad receipt coming and we can deal with that so let's 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 banks are trying to reinvent the or systems like fifth 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 this up and this in the media and banks by did this not because who warned mastercard and visa the banks so the banks again formed together and formed the first so that they can still have profit making within their institutions and they're currently trying to reinvent the same thing by creating a private block jen 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 big thing there or ledge of it's a new image up 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 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 the squad or the or alliance of banks about 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 glazed 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 will 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 a walk 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 and my solution is a completely different one which has not 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 disrupt 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 farther from the fin takeaway of but i would say that went that way of fans in disrupting the banking sector because it was complementary to supplementary to

the banks so synthetic for a while added into phase of front office on an interaction with the constable and the banks to solve the back office of the balance sheet for. business so there was too complimentary but the next three which is blocked is not going to be complimentary it is going to be ready to be 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 who lost on you tube youtube dot com slash boom bust r t c n x 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's our way deep within what they call the deep state in the us treasury there was a left leaning bureaucrats who implemented this change to a territoriality based system of taxation without anybody actually being aware of what was going on. i'm.

not. trying to find the us lead color. mission hits syrian pro-government forces fighting i still u.s. central command says the attack was carried out to defend an american backed group . it's the final day before the start of the winter olympics and dozens of russian athletes are still awaiting a ruling on whether they can compete in south korea for tensions over the games don't stop there as norway now faces duping allegations to. the u.k. campaign aimed at overturning breakfast it received nearly half a million pounds from u.s. billionaire george forbes.

a very warm welcome you're watching r.t. international with me good to have you with us. the u.s. led coalition has conducted strikes against pro-government forces in syria there have been conflicting reports on the number of casualties u.s. central command described it as a defensive move but russia's defense ministry said the unit was hit as it was carrying out an operation against an eyesore. while carrying out an operation to locate and terminate an eyesore sleeper so near form oil refinery a unit of pro-government forces was suddenly shelled and then hit by airstrikes by the u.s. led coalition vis was overkill pure and simple if the numbers are true i would see a demonstration of she have brute force perhaps you know to send perhaps the send a message that nevertheless the united states says that it's it's in syria and it

will defend itself and it has the right to defend itself in this instance in defense of coalition and 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 danish mission if the situation is like how they describe that they were indeed attacks while fighting isis then they have the right to self defense well if you take them at face value you could think so but the people they just killed were also fighting isis and recently they have been making much better progress against isis then the united states led coalition or their partner forces the the s.d.f. the syrian government has of course called all of this an act of aggression unwarranted and unjust but just for you information all of this happened in there is or near a rich oil field and refinery conical it's called it was liberated last

year by the u.s. led coalition very quickly and in fact the u.s. partner forces seem to have a knack for liberating areas with oil under them much quicker than they do those areas that don't have oil under them since since all the oil rich areas were taken in that as ordered by the s.d.f. progress against isis seems to have dropped to a snail's pace but you know regardless. here america has said that it is in syria only to fight isis today isis has been defeated in syria but you don't see the pentagon packing its bags 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 that isis cannot reemerge total

withdrawal of american personnel at this time would restore assad continue his brutal treatment against his own people the principle if you have a 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 peter he stated that the only goal in syria was the defeat of i so it was now they've got far more ambitious plans with more of the most with the mixed messages here is the pentagon staying general mattis said that the united states will stay in syria we'll fight in syria for as long as the united states wants to fight in syria i mean that's you know pretty direct now you see how this might sound strange going to syria is vital and while there you start killing syrians in syria in self-defense middle east expert jamal wakim believes that this attack reflects u.s. strategy in the region. i believe this is and i get action against the

syrian army and against the syrian government because the united states have no legitimate claim to have troops on syrian soil this is part of. a scheme for the middle east by the united states to keep this but he didn't under its control i believe that so far the syrian government would refrain from and turning into a direct clash with the. united states army not syria but in the future i believe the syrian government will deal with the united states army as an occupying force that might be armed resistance to this occupation. the start of the winter olympics in south korea is just one day away but the fate of dozens of russia's athletes still hangs in the balance forty seven sportsmen and women from russia have appealed to the court of arbitration for sport to overturn the i.o.c.

its decision over alleged doping violations the ruling is due to be announced on friday and among those who filed appeals are some of russia's most celebrated athletes for example six time alone pick gold medalist victor on and such a games champion and township elin artie's area for trying to reports from the olympic host city applying chan. 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 and they promise to announce some sort of decision by noon korean time on friday to go over to the bone to depends on the gas pump listen to our arguments and the decision will be reached within twenty four hours so things won't be decided to with a 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 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 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. showing their support for russian athletes sports fans projected a light show onto a building opposite the world anti-doping agency's wilder's headquarters in canada they said the only doping among russian olympic team is the support and love of russian people russians are coming. but athletes whose participation in the games is not in question are now embroiled in controversy too that's after a documentary published a list of drugs that norway's team doctor brought to play on child. well a remarkable amount of aspirin medication was noted six thousand doses containing banned substances that's ten times more asman drugs than for example neighboring finland brought to south korea. well the quantity of asked my medicine medicine has raised a number of concerns and most of these drugs contain substances banned by a wide is open watchdog argues they can enhance an athlete's performance by

expanding lung capacity the norwegian anti-doping agency has also admitted the country has a problem with the over use of the medication. it is common practice in norway to occasionally use asthma medicine in major elements in the respiratory system even with the diagnosis vastly is not specific. the latest revelation comes after the release of a documentary that alleges the existence of an organized doping system at norway's ski federation we spoke to one of the journalists behind the felt. for duration is very angry about they don't want to talk about this problem and that's very sad. it's more. than a ski federation doping program we can see that forty one percent of the middle east have normal blood gives it means i don't think this is clean competition you

see there are skiers. also in this competitions we've asked the international olympic committee whether it will investigate these doping allegations and we're still awaiting a reply from them however a sports lawyer we spoke to told is worrying that the i.o.c. hasn't published it publicly commented on the 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 russian doping allegations is troubling everybody where there is a problem should be investigated we need to understand the doping is in fact 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 is.