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tv   Boom Bust  RT  March 10, 2018 8:30am-9:00am EST

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the surprise announcement of face to face talks between donald trump and north korea's kim jong il and mixed messages are now coming out of washington this meeting won't take place without trying to create actions that match the promises that have been made by north korea we're ready to have the first meeting without precondition let's just meet unless we talk about the weather if you will it's not the first time washington has been a bit inconsistent with its policies on the earth korea and with potential progress now being made caleb maupin looks at who deserves the credit. they both love political drama big weapons and nuclear buttons but now it appears that little rocket man kim is ready to meet with donald the duo tarde their words not mine and surprisingly trump has agreed and the administration is all too clear about who they consider to be the winner of this battle of the bruisers what we know is that the mashed maximum pressure campaign has clearly been effective for the first time in a long time the united states is actually having conversations from
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a position of strength not a position of weakness like the one that north korea finds itself in due to the maximum pressure campaign now the white house has every reason to think so after all they just slapped new sanctions on north korea they pressured the world to halt all trade with pyongyang and they fired almost every weapon in the english language arsenal all aimed at stopping kim with donald trump's so-called hard power we can have med men rocket men sick puppy shooting rockets all over the place we will have no choice but to totally destroy north korea but is trump the real winner here after every tongue lashing he received from the oval office kim fired back with his own retorts furthermore kaman gauged in diplomacy master class with south korea engaging in negotiations and even securing the unified team korea at the recent winter olympics is now all set to sit down with donald trump it will be
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unprecedented the first time in history now at this point it's quite an achievement for kim jong un who let's ask new yorkers what they think who's the real winner of this upcoming meeting i think it's a win for north korea korea because they definitely approach chump about the issue and our president trump was being very i say amateur about the situation so i think since the north korean president took the first step then i think it makes everything better he was trying to make a step for peace you know the good. i'm scared because he's the first president i believe to meet with the north korean leader is better probably for north korea than it is for the usa it's absolutely a victory for kim jong un this is an individual who has been the leader of his country for now i guess seven years but has been completely isolated he's never much another. world leader it leads to a whole host of unanswered questions and risks that the american president
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is offering what kim jong un wants most on the front end of a process where we haven't yet achieved what we want most which is north korea's denuclearization so while everyone is going nuclear over a meeting that could potentially turn the tide of this crisis it's starting to look like kim might be the winner of this route. artsy new york. investigation into accusations of conclusion between taming trump and russia has a ton to the miss universe contest back in twenty five teen donald trump allegedly invited hootin to the beauty pageant being held in moscow that yeah it's not clear what the connection with the u.s. presidential election three years later is supposed to be but as evidence of meddling goes it's by no means the flimsiest to date is down. many tried many failed but the folks at c.n.n.
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have finally done it undeniable proof of how the russians convince some sixty million people to vote trump and twenty sixteen and drum roll please. it's here. and it has learned russian created unreleased this anti hillary clinton video game you heard me right it's a video game they actually named it it's called hill tendo according to c.n.n. the game featured three levels first you had to help hillary clinton delete as many e-mails as you can a nod to the scandal over her handling of classified information which had been meiring her companion for months then you were supposed to assist the presidential nominee to collect money from some arab states evading the bombs at the same time and the final challenge to throw the u.s. constitution as far as possible a silly game that could be written by a programming suffer more during their bathroom breaks doesn't take much to sway an
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average american voter or at least that's what c.n.n. appears to believe and you know what it shows just how far russians are willing to go to meddle in our domestic affairs but for the sake of argument let's break down the numbers this game was reportedly played some nineteen thousand times even in the best case scenario if every game counts for a new person who was illegible to vote and actually showed up at the polls this not even two hundred ths of a percent is the share of voters the game no one's ever heard of until a few days ago may have swayed but direct influence was only part of the ploy claim to c.n.n. apparently developers could track gamers behavior and then target them with specific ads on social media something that according to those networks themselves was almost. nonexistent comments on facebook facepalm that the investigation.
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the funny thing is the game touched on the points of everything she has done wrong and c.n.n. is reporting like it's a bad thing some amazing reporting there c.n.n. you found a video game about a presidential candidate's a game designed to reflect the way she lives and it took you a year after the election to get your reporter out pulitzer material lol yeah that's what did at c.n.n. this game that nobody ever heard of totally swayed voters in wisconsin but you know after theories of pokémon meddling and dumpster diving for evidence in moscow so we thought we'd come take a look at it this report somehow begins to sound plausible. r.t. . getting a warm welcome isn't always a pleasant experience especially if it's in the form of an unwanted hug as one california senator learned the hard way.
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that you are now notice that your behavior has been on a well from the rules committee also instructs you not to initiate hugs. all my life a hug has been my way of greeting friends and colleagues a gesture of love and kindness and a reflection of my cube. we're back in just about. it's so also not accepted whether. russia nor the
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u.s. is deciding maybe of what german companies or european companies are investing in or which infrastructure we are building interim in the or in europe i think it's a tremendous it's a european this. is the legacy of the communist era has left i'm assuming a lot of of the legacy waste as well i'm assuming again from my understanding of the soviet era that there was much more of a culture of a reuse and not throwing things the way that i think the society that emerged out of that tends to reject so it's a matter of moving back to the. west
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joining us here on arts he around one hundred eighty soldiers would be deployed to the south and u.k. town of souls to remove contaminated vehicles from the streets softer the poisoning of a russian spy and his daughter so took a script hollanders daughter yulia remain in a critical condition. reports. the focus of the investigation appears to have shifted to the cemetery in souls bury where there are the remains of a script files wife and son both of whom died in recent years and the police have denied that either of their bodies or their remains have been exist however. police tell it has gone up in that cemetery and police officers have been seen removing objects from the scene the other major development in the story is the fact that
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the military has now been deployed to help with the investigation into the attack among those military experts who have been deployed there are contamination experts and also specialists who are helping to remove vehicles and objects from the scene including ambulances that may have been contaminated while they were treating the victims the home secretary visited soulsby which is of course the scene of the attack but also the hometown of. people's curiosity about all those questions and wanting to have more and there will be a toy to have those on but the best way to get to them is to make sure that we give the police the space that they need to also visited the hospital where. his daughter and the police officer that first came to their assistance are all being treated and speaking of hospitals in terms of medical issues the police and will
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have said that as many as twenty one people have been treated in connection to potentially coming into contact with that nerve agent that was used on the former spy and his daughter so we're seeing this extensive investigation unfolding and at the same time extensive media speculation that just won't stop in case you haven't heard about who might be behind this attack well take a look at what's being said. bad things have been known to happen to russians who cross vladimir putin the fact that a nerve agent was use strengthens the likelihood that this was a state sponsor of some sort and russia is the chief suspect of course the u.k. has turned a blind eye to assassinations on its soil and has instead tried to protect the kremlin speculation isn't limited to just the media the politicians here quite a lot of backbench m.p.'s are also indulging in quite a bit of it many of them pointing the finger of blame squarely at moscow before the
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evidence has been carted out some backbench m.p.'s going as far as accusing a welsher of instigating an act of war if this ends up leading back to the kremlin . have in the light of this been calling for increased spending on defense here in the u.k. last isn't impressed and appears to be quite frustrated with how this story is unfolding we've had the first official response from russia's foreign minister sergei lavrov most of it you could call it the most we're being accused not only of this our western partners accuses of basically everything that's going wrong on this planet it's not serious it's just blatant propaganda and hysteria and the russian foreign minister also added that in case anyone is interested russia is happy to help out with the investigation. undercover israeli police
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arrested the president of a student council and fired gunshots this occurring at a west bank university outside the city of ramallah. twenty four year old omar is one of the was reportedly held on wednesday is a prominent palestinian activist with alleged links to an affiliate of hamas and its already been arrested several times more details here with r.t. correspondent paula slayer i'm hearing visits university outside ramallah in the west bank now during daylight hours israeli commandos who belong to the border police and a coven unit came into this university they tackled to the ground the head of the student representative council who is also a member of the us now the israelis regard him as a terrorist organization and say that they believe that omar al kiss twenty was
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involved in terror activity as they had him tekel to the ground they started firing bullets in the vicinity. of. the israeli commandos into the university through this entrance there was any israeli army units that was positioned outside here and as you can see this is where the gods sit they detained the gods in their room while the commandos themselves came into the university campus they came into the main part of the campus which is here and in front of the student representative council they tackled or alkis twenty to the ground. what is clear is that they entered this university in what the campus administration says was in violation of international law they have called on the academic community to condemn israeli actions pointing out that this is not an isolated incident paula r.t. outside ramallah. of the borders the university says the raid violated the rights
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of students. there's an outrageous operation against the palestinians and especially against the palestinian education it's well known fact that university usually are a meal of such interferences and no no police or government or even me usually enter the university specially during the day also the way they did it as a first in the first place it's every relation also for the rights of the journalists you know there are soldiers trained soldiers but there are dressed like christina and the rest like the senior journalists it's just just a crazy kind of thing to do differently disputants are going to attack you once you are inside the events that are sitting there council leader elected and getting him out of the university and having all these soldiers inside differently there would be a reaction that had left us with a shock
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a real shock first of all they were inside they reversed to during the day they were shooting at the students after. thanks so much for joining us here on r.t. international we'll get to more of your worldwide headlines and about. the new global economic war is unfolding in the realm of education the right to education being supplanted by the right to access education loans higher education is becoming just another product that can be born and sold just not just about education anymore it's also about running a business where you could. kind of.
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want is the place of students in this business model before college i was born now i'm running stream or higher education for the new global economic wall. apply to many flips over the years so i know the game and so i got. the ball isn't only about what happens on the pitch for the final school it's about the passion from the fans it's the age of the super money kill you narrowness and spending two hundred twenty million. it's an experience like nothing else not to because i want to share what i think what i know about the beautiful guy great so one more chance with. the thinks it's going to.
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this is boom bust where things are fully discussed broadcasting around the world i'm bart chilton and coming up on tap today we sit down with bryan caplan who wrote the book the case against education why the education system is a waste of time and money this is going to be interesting if not scary or maybe both but first back by popular demand we have our second and final installment of the crypto queen a report comes all of that in our near term futures but first let's hit some headlines. we have covered what is called day zero in south africa before that's the day when they run out of water yeah they run out of water cape town the thriving metropolis in south africa has more than four million residents is it
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about to be turned into a giant refugee camp we may know one day zero which is july ninth unless there is a whole heck of a lot of rain between now and then without the rain everyone will be waiting in line for their ration of six point six gallons of imported water each day the dire circumstances are due in large part experts say to climate change. later climate change news hurricane harvey which hit texas and louisiana late last summer and cause damages in excess of one hundred twenty five billion dollars dumped more rain than any other store in ever ever check this data point which seems unreal for every person in texas a million gallons of rain fell turning roads into rivers and large parking lots into lakes. and remember those california fires from late last year. well we see those almost each and every year but no they don't go out in fact some of the
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fires from november are still burning in southern california and clients the climate scientists say they could continue year round if nothing is done to prevent future global warming. and just as promised we have a special guest back by popular demand a while back we sat down with a reef a con the crypto queen for a look at crypto around the world she's all blowing up and i first asked her if companies around the globe you'd blotchy as a hurdle in today's financial world here's what she had to say if they look at block as a dating a ledger and even if they have dated the ledger it's nor going to unleash the benefits of production and if they want to be at least the benefits of production there would be no place for them so i say there is
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a conflict of interest for the existing incumbents to really see the potential of the chair so. for example let's say hong kong stock exchange so actually exchanges for the fust institutions to wake up to the potential of the. nasdaq invested about five or ten million dollars of a bag even before you came apart this was in two thousand and fourteen they invested in a startup called chain. seven where they this is the same story so they knew they understood the potential of blocks and they invested in startups which were working on locked in solutions but equally for the exchanges but what they missed was. even after discovering these startups even off the investing in these innovators what they ended up it is same the kind of exchanges which is a chinese exchange let's say there's a hong kong stock exchange has a patent they created
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a giant stock exchange which would target companies which would otherwise fail to qualify for the patent exchange still they would doget smaller sized companies which are in the p i p o stage and they would help those companies go public in that child exchange so you tell me where is the disruption here where does the business model innovation you know what is being done differently other than just expanding the what is on for the client set recent you have mentioned i.p.o. cynical initial public offerings a couple times are you really talking about i.p.o.'s you're talking about i see those the initial coins are freaks so i see a lot of well known phenomenon do you understand it so you know that more than five billion dollars have been raised just in the past year alone two thousand and seventeen or what eight hundred i suppose now all of these i's theo's have been created are launched by companies that have something to do with last year they
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either have a blocked and innovation the plea cation or they created a token which somehow related some to the motor later to block jim. but i would say this method of fundraising which is completely disrupted venture capital at least in the small subset segment that we're looking at is very attractive to a lot of industries to a lot of companies in the real economy what no watching this i feel creative and looking at it and saying hey you know this is a wonderful idea to bypass the venture capitalist if we could just x. of the investors out on the was in a global borderless platform no how would you do that they cannot come up with the dokken and they can. come up with a block to an application so all of you are doing is giving them the black form issue that traditional securities whether to stock the bond on a block and platform so it is similar to i c o's as a mechanism of fund raising but what is being issued is not the dawkins and goings
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that you have heard and read about their real securities so india is a company or an issue an issue in that could wish that prisons are dorchen here then issuing a clip docky does represent a security and it is up to the issuer define what that security means where they did the share which is one by ten thousand bus and of the companies and that was over there to the barn which represent one by hundreds of. real estate properties for example as an investment banker in your previous life you've worked with the financial conduct authority the f.c.a. in the u.k. and other regulators around the world how are they dealing with block chain is it more than a block chain of course it's probably a digital currencies but what are your thoughts in that general area requirement about that and says they have completely that everybody from economists to garment and so on and you're seeing that the actions and some of them like for example
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ready i pod a date that people like jamie dimon who issued statements have had to that drive the statements so requirements you know to stay and cryptocurrency that he had to stay and that is because big quite as a lead off group look at n c's has lent that rest of the back of cryptocurrency a lot of legit demasi because it has sort of right over at it because of skepticism and assault you have to remember that the big going to invest as a different creed then they're very different from the traditional invest us they're not looking soley at the dawn on investment they're not looking at saints but i mean does are bad and i am off assessing invest. and in the traditional way they actually thinking the pioneers we had planned to blaze us we are the ones who have exposed the most magnificent cause of to look at n.c. ridges image of the moon to the was and they are looking at it as are the
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sponsibility unto themselves to actually do something with it to do better fredrick even more disruption in indy gone to me so they look at finding these guys us and preprogramed in sci fi as not jumping the next wave of innovation and building the next layer of our placation so it is like helping towards michel adding this new economy recent we talked about digital currencies just a little bit there but i want to ask you to look into your crystal ball go out ten years twenty twenty eight which digital currency is it that sort of the leader or is it still going to be bitcoin is it a theory a more light coin or or ripple or is it one that perhaps isn't even out there yet maybe they haven't done there i see you know what you're prognostication i can only say that such and the one thing that it's definitely not doable. and why do you say that i'm curious. because if they strike
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a deal with amex they're going to be all over the world pretty quickly they can be but it has nothing to do with crypto and it does nothing to do a disruption on innovation so i believe the police couldn't see that these banks got together and said hey guys we need to put up a strong defense to this onslaught off the bill coming from the stopped us and vanno let's be a smart cookies and we have a lot of money so let's but that this couldn't be off our own so they created this ripple and even people may get got it i've ever had that with the price of ice not a bit but there's no i'm delaying fundamentals boosting this underlying fundamentals all of a. genius is always imagination is always clean ition of the future and none of these to be a pia in these existing but i'm going to come back at you it doesn't necessarily have to be a great business model to have a high valuation we've seen doug coin with up to
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a two billion dollar valuation now back down to half a billion dollar valuation there is there's others out there so it doesn't necessarily have to be a good business model right. so you know that is a place for fags in a fast growing industry and in a nascent industry which is a blue ocean right and people are getting rich and people are getting extremely confident so what does a confident confidence mean confidence means we can throw money at whatever with our getting aboard that it does without getting on board the logic what it so look at clipped look at basically poke at these isn't exactly similar pattern i'm and i can see a lot of fresh things coming about and china is a very good example even a lot of the chinese government has banned it i have been there for a few talks and sean kind mccowan shines on and so on people that absolutely fascinated the moment a visionary dunce up and they have a good eye for what is
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a true disruption wusses it out of the middle east the us the moment something truly disruptive comes apart they they really have a keen eye and they want to throw money at it so nothing is stopping them no abana stopping them well the regulators maybe telling them they should be all gung ho about this you know cautions of legitimacy and. nothing is stopping them i think a lot of folks particularly in the states have sort of a myopic view of india they look at it does those are where the call centers are they get congestion and move by but it's a lot more than that a lot more technology interesting things going on but specifically. with regard to block jane talks about blocked chain companies in india so you are right in extending that label of myopia to even block china and india because we have been studying an observation the indian landscape for
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a few years i represent i happen to represent them in india and i have taken vitale butin to india since two thousand and sixteen the first time he came to india the only applications we saw were big iron exchanges not even those axing exchanges did not even deal in other cryptocurrency like it here so it started with big garden exchanges and there was hardly anybody creating any applications writing any smart contracts and there were no capabilities right and what india is a huge repertoire of technical talent we have a huge number of engineers graduating perhaps we are the second largest or the largest school of graduates maybe after china and vietnam is speaking graduates so we are mathematically extremely well trained and the demos are extremely talented so it doesn't take very much effort or order of.

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