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tv   Boom Bust  RT  March 21, 2018 2:30pm-3:01pm EDT

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if lionel is of the view that all those billions of dollars that spent worldwide on advertising on news channels like arts here and others is just absolutely just wasting money just you might as well throw it out the window if that's your attitude then obviously i'm not going to persuade him or anybody who believes that that by you know that's what he will do what affect anybody's opinion like oh no she's me i didn't really know what the second so i said my point is my point is my point is that yes i think facebook should be ashamed of itself because the evidence seems to be that it knew exactly what it was what its role in this was and in a sense it was kind of facilitating this in the interest of making a buck and i think that's wrong now another new series of missile attacks have struck control of the syrian capital killing at least forty to paypal. you saw a book about three of my relatives are injured my wife and daughter are in surgery
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right now. her. only mama and my son told me he wanted to celebrate mother's day with me so i told him let's go to the market she bought it i was buying sweets and the explosion happened i saw only a lot of dust and my children under the table. a local state media says that rebels in east and go to carried out the shelling attacks many of the victims died when one of the rockets hit a crowded market local journalist but him visited the site. this is one of the largest single rocket strikes that ever hit the syrian capital damascus since the beginning of the conflict back in two thousand and eleven the rockets hit popular with a marketplace the fourth very crowded at the height of people shopping because today people into a celebrated mother's day and many people were out buying their gifts yesterday and
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when the shells heard leaving this large number of. civilians into a particular site. when we got outside we couldn't see anything because the dust a real massacre ice we are wouldn't wish anyone to witness a scene like this it's really sad thing in the past forty eight hours the syrian army was able to make substantial gains in the syrian military now controls over thirty percent of what was once one of the most important and closest to the syrian capital damascus trouble holding claves it is believed that it is in this location many of the headquarters of the rebels were established perhaps this is the reason why the rebels have stepped up their rocket attacks on this rink up damascus damascus have seen an increase not just in the number of rockets that hit it in the past twenty four hours but also the quality of the caliber of the ruckus the rebels are using to shell the capital damascus. now a new sexual consent bill in sweden is proposing to increase the punishment for of
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rape the plans handed to parliament on tuesday revised the list of sexual crimes. that's different from current legislation where has to be shown that there was violence and threats force or that the plaintiff was in a particularly vulnerable situation. we have not however changed the basic principle that it's willingness which decides if it's an act of abuse or not the changes mean there will no longer be a need to prove intent in rape for example meanwhile sexual consent must now be verbal or via clear actions and as mentioned punishment for perpetrators is also being increased however no changes to evidence standards were proposed it comes amid a ten percent rise in the number of rape crimes in the country in just a year however concerns have been raised that the new legislation may lead to a wave of false accusations i think it is a way to send some political signals because this is nor will it change the definition of what is rape and now a man has to prove that that there was
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a tool of consent from the woman it can be easier to accuse a man of rape there are rapes going on that is never reported because there is no evidence so this could actually help a lot of women to come out and make accusations but what could also happen is that there will be a lot of false accusations and you know just having sexual activity could be like entering a courtroom i am concerned because the current swedish law is already very strict and clear sexual acts with concerned are criminal offenses so i'm not one hundred percent certain why there was a need for further legislation i think that the best way to deal with sexual crimes is to probably do more education to inform the
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public about the importance of concerned and what consent involves you watching out international we're going to take a quick break now more news in timmy's. time about e-mail bag of the entire you might even want to get it. but again. yet again the dobie about him in montana money and i knew god. while cleaning and said to be. in the mood to handle a dead in a make believe his head image is consistent if you want. to. know by other natural again that he may as well see a good deal i'd say because the. page is old and feeling old souls will
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come to cable you can take solace allow her. to. put. welcome back here with r.t. now a new arms deal was became the main topic for the talks between the saudi crown prince and the u.s. president on tuesday and donald trump found a creative way to present his potential customers with more military hardware. three billion dollars five hundred thirty three million dollars five hundred twenty
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. million dollars the spirit. so in your abuser very wealthy nation we're going to give the united states some of them well. however their meeting was met with protests activists called on washington to stop backing the saudi led bombing of yemen. your image is a crime crown prince it's here in the us the news inside the white house right now meeting with president roosevelt he's here to secure and secure more us when things should be used against me i mean and to live mostly learning himself as a reformer who will be responsible for creating the worst humanitarian disaster on earth hands on yemen and you know they are you. saying there's been a whole lot of criticism over washington's role in the kingdom's campaign but first
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some background ten thousand people have been killed since the start of the intervention back in two thousand and fifteen and the saudi imposed blockade has left the country at the brink of famine which the u.n. has deemed the world's worst humanitarian crisis. there good work there you don't. get. it. now even though the public has condemned washington's role the u.s. has been actively supporting the campaign by arming the saudis amongst many other things last year trump signed a record arms deal with saudi arabia worth about a hundred and ten billion dollars one of the biggest in history and trump hopes to
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make more deals with the country some senators have voiced opposition to u.s. involvement and they even put forth legislation in the senate that would end cooperation with the saudis but that was voted down and they've even grilled u.s. centcom over the use of american weapons but the pentagon didn't seem to have any answers just sit com track the pope. purpose of the missions it is refueling what targets it strikes and the results of the mission. ok. american with that report now we've got some breaking news here on r.t. because the russian foreign ministry says it does consider the poisoning of former spy. and his daughter as an act of terror is currently holding a briefing on the case we get more details though from our little richie who is following events for us a video of what else has been said there and with this meeting is ongoing so i'm giving you the information as we get it so you'll have to give me for that a lot has been said the foreign ministry spokesperson says reiterated that russia
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could have no way benefited from the attack and they've literally just come out and said that they see it to be a terror act they've also said that the u.k. has refused to cooperate with the rapture which is against they say the convention of the process of vision of chemical weapons he also mentioned or suggested the attack could have been orchestrated. but then clarified that russia is pet not pinning the blame on anyone's orchestrated by someone else he then went on to say that he didn't want those words to be distorted let's have a quick listen to what was said. we see that the british authorities are becoming ever more nervous and it's clear why the clock is ticking they have backed themselves into a corner they will eventually have to provide answers. to questions we expect from london and from you all been a solution for the prohibition of chemical weapons and official. developments regarding the scruples we need comprehensive conclusions and detailed confirmations
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as you can imagine the situation is very tense at the moment and the reason for this meeting was to give russia the opportunity to talk about things from their perspective more was said i'll just be a quick brief overview. the spokes also the britain is afraid to conduct an unbiased investigation because of course they have requested to. to carry out a joint investigation with the u.k. that was refused the u.k. that they said the u.k. presented no proof that the gas allegedly used in the poisoning was made in russia another sticking point and that the formula of the substance novacek was published by a scientist. who is working they say for the u.s. government and published a book and a formula so lots and lots of the lots is being say russia has always denied that they've been involved in this poisoning we're going to see what else is said and i will obviously keep you updated as that meeting goes on. sure ok thanks india there
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was a indira to do there with the latest on that briefing. muslim police officer in germany has been fined a thousand euros after refusing to shake hands with a female coworker citing religious reasons the officer was then made to sign a document acknowledging women as equals while also promising not to discriminate in future the incident took place at a staff party last year which led to discipline reaction some islamic experts and scholars do not allow any form of physical contact with the opposite sex if the man and woman woman are not related to my colleague dana hawkins who had opposing views from experts about this story. this behavior is. so the ladies who think the same thing will also not change the hands of the man so it's not a sort of not accepting or upsetting the gender of the one
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it belongs to a tradition in europe as a sort of course greeting each other and shaking the hand there is a difference between different people and the train cultures and some cultures they fit better together and others do not does not fits a perfect when you have a complete different concept of culture in your country we don't try to to islam as eyes every problem we see in our lives there is a lot of other cultures like the japanese they don't shake it in some of the orthodox jews and also they don't like to shake hands to similar case in sweden with. a police officer again. believes refused to shake hands. decided with the officer they said we need to embrace diversity. what's the problem with embracing diversity muslim immigrants do made a lot of more problems for instance eastern european immigrants or vietnamese
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immigrants germany has to decide what it wants to become do we want to accept that islam is part of our every day life and every day is cultures or do we want to accept the whale. on women's heads and faces do we want to accept work or do we want to accept gender inequality the majority of people in germany surveys shows. don't want that freedom of religion is one of the columns of our society and accepting diversity as societies should be so so generous to accept is that versity but there is there is a general. in the general. comment that how to deal respectful with each other accepting. so that's how things are looking so fast and i hear not international we'll have more news here in thirty five minutes. the most expensive fish in the world each one is selling for tens of thousands of
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euros it continues to grow its entire life if it was thirty years old you might have a two ton fish out there and yet they don't get that big today because we're way too good at catching. it's only women and set off a much larger mission was once there and that was much more widely distributed we have politicians that are in office for a few years they have to get reelected everything is very very short term our system is not suited and is not geared for long term survival and that's why we have the catastrophes that we have. applied for many clubs over the years so i know the game and so i got. football isn't only about what happens on the pitch for the final school it's about the passion from the families it's the age of the super money kill you narrowness and spend each year to twenty million playa. it's an experience like nothing else i
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want to because i want to share what i think what i know about the beautiful guy great so will transfer. the case it's going to. this is boom bust broadcasting around the world from right here in washington d.c. i'm part shelton and coming up with lots of news today on autos we talk with the car coach lauren fix and we also look at block chain and crypto is with perry and
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boring from the chamber of digital commerce plus last time we were able to get to our conversation on why the u.s. department of defense is tapping still a con valley one artificial intelligence we'll have that interview with todd shipley of various software all that's coming up but first let's head to some headlines the trumpet ministration is preparing to level roughly sixty billion dollars of additional tariffs on china related to intellectual property according to the washington post the report is that the president's aides suggested thirty billion and the president said double it the package which at the this point is to be announced on friday is said to target one hundred or more different products which the administration will argue were actually developed using american technologies that was either stolen or pressured by the chinese in order to release exchange for access to chinese markets it was bound to happen an autonomous car has killed a woman in tempe arizona the news comes as regulators and carmakers have been increasing
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research and development of autonomous vehicles the vehicle of volvo operated by the right hailing company hit a woman when she was jaywalking while this appears to be the first fatality of a pedestrian a driver in an autonomous to engaged. love was killed back in twenty sixteen hoover has halted the company's self driving testing program. and in other auto news a u.s. senate hearing on air bags today in washington examined that pakatan airbag inflator recalls the most extensive recall in auto history that many lawmakers have complained is moving too slowly infect our two americas learned that one of the hundreds of thousands of vehicles with the problem that air base airbag million light without an accident due to high humidity and deterioration that some auto owners have been informed of the problem without the automaker providing any solutions whatsoever one such automaker is a lincoln motor company which r t america's learned sent
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a letter to some vehicle owners stating an exploding inflator may result in sharp metal fragments striking vehicle occupants causing serious injury or death while what the vehicle owner to do well according to lincoln when parts are available the lincoln motor company will send a letter to inform you that parts are ready and to contact your deal to schedule a repair that's comforting not meanwhile yesterday it was reported that hyundai and kia are now under review in the us for their airbag problems in this case the airbags were manufactured by german auto parts maker z.f. t.r.w. formerly u.s. based t.r.w. automotive the national transportation the national highway traffic traffic safety administration said it is reviewing about four hundred twenty five thousand vehicles made by hyundai and kia due to for accidents in which airbags did not deploy last month hyundai recalled one hundred fifty five thousand sonata model
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vehicles for the same reason in two thousand and sixteen fia chrysler three car rolled over half a million vehicles for airbags which did not inflate. to discuss all of that more is car coach lauren fix lord thank you for being with us again i mean what's an auto owner to do when the answer is no there's no repairing your problem right now from airbags but it could cause serious death or injury well i've got the same problem i have two vehicles that are under airbag recall and there are no parts available so you have to just keep calling the dealer and being persistent it's not like one dealer has it and it doesn't the fact is you still need to be in the loop so it's up to you to be proactive i know the federal government is really trying to make sure that every single person out there that has an air bag problem gets it repaired the problem is if there are no parts because the manufacturer has to go back and retool it you kind of have to wait it out if you sell the vehicle or trade the vehicle in because you're concerned that's understood usually there is some
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sort of concession for that situation concession from the dealer if you take it back to the dealer and try to get it taken back. right this they wouldn't buy it back without having to buy another vehicle they're going to try and sell you something else on the lot because it's all about sales so they're going to try and up sell you into a newer model that doesn't have that problem or a used car that's on the lot so be prepared for that but they won't just buy it outright that this won't happen it's really sort of strange what lincoln says lincoln says that you know their airbags and i don't know if this is the same for for all of the i know there's a couple of companies that are involved in the airbag demise the problem but lincoln says that there are bags are susceptible to temperature changes and the humidity variations therefore when they do get parts they're going to first go to areas in the southern united states then followed by i don't know buffalo new york maybe lauren then by canada so you'll be middle of the line now if you're in
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buffalo and you drive your car to i don't know daytona and you stay down there for a lot of the time you're sort of s. so well i guess right right whether you call the snow birds around here those are people that live up the northern end of the country during the summer and the southern end during the winter yeah you would be susceptible you would probably want to register your vehicle if you're looking for an airbag replacement somewhere down in florida you're more likely to get that airbag replaced at a sooner date the big thing that i tell everyone if you're ever concerned you never want to be closer than twelve inches of that airbag to the center of your chest and the reason for that is that is the proper distance closer if that airbag as a ploy or an accident whether there's a problem in a recall or not you're likely to get injured so you want to be at least twelve inches either as i mean be back as far as you can have to reach the pedals and the steering wheel but keep that in mind from a safety perspective get there by replaced when you can if you're totally concerned you're thinking i'm not willing to take that risk you may have to invest in another vehicle that's great consumer information lauren let me ask you real quickly before
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we go we saw this first autonomy's car related deaths the called off their testing program is that going to have some chilling impact. on the longer term autonomous cars where you think it's just going to last for a while it's going to cause some serious government regulation which we know is coming the insurance agencies are going to raise their rates because they know one death is one too many and then of course you've got the hackers who are waiting for this network to start going for these autonomous cars to communicate with each other and the only winner in all of this is only one group and that's the toward attorneys they're very excited they're going to sue bull and the insurance company the driver anybody that hires the city that they're going to sue everyone will know is going to make money out of this is going to be the attorneys oh my gosh we thank you for the information either way but we're glad to know the status lauren fix the car coach thanks for your time as always anytime. master card says they would be amenable to considering offering crypto currencies if they
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were backed by a central bank ari starker the co-president of master card asia pacific business said that so long as it's backed by a regulator we look at it in a more favorable way some national banks including sweden's are considering a crypto currency master card already has thirty patents related to crypto currencies and walk jane and here to discuss this in all things blog chain in crypto is parry i'm born the founder and president of the chamber of digital commerce perience thank you so much for being here i'm really pleased to have you we've known each other for a couple of years and your real expert in this field what do you make of that master card headline it's really exciting stuff there's actually a number of major central banks around the world that are looking at the possibility of issuing fee at currencies on block change just last november i went to singapore at the invitation of the monetary authority of singapore the central bank for singapore where they were releasing the task the project then this is when
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the most exciting things we're seeing in central banking and monetary policy today said the central bank of singapore has taken the singaporean dollar and they've tokenize that across three different blocks chains and then they released those the data from that ties to wait last year there's other central banks that are looking at this as well and including the in the u.k. canada is actively exploring on open box chains such as the theory and and just a couple of years ago i had the opportunity to present at the federal reserve with janet yellen and with over ninety central banks all in one room at one time where we have a chamber assembly members god to help educate central banks around the world on the potential benefits of block change what's really important that whole education you know the g twenty finance ministers are meeting down and going to sorries right now actually and if we go all the way back they take a big interest. in financial regulation back in two thousand and nine in the
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pittsburgh meeting they came up with some of these sort of suggested rules of the road to deal with things that later became like the dodd frank law except so i'm wondering whether or not they're going to come up with some sort of rules on crypto currency and maybe block chain maybe if not now later given that we've seen as mother european monetary authority and others the f.c.c. and other regulators saying be cautious to consumers is it reasonable i mean it's always fraud in the financial areas right but it seems like there's more or maybe it's just because there's so much going on with crypto currencies but is there more to something we need to be really be worried about if so what the regulators are really concerned about is the consumer and vaster the retail investor being led astray by a fraudulent scam so as with all the new technology and sometimes criminals or some of the early adopters and there absolutely is a legal activity out there it doesn't represent
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a huge percentage of the actual activity that's happening but it does end up taking the majority of the headlines but i would say for the retail consumer who wants to invest in crypto currency is buyer beware because there are scans and you need to know and understand what you are investing and don't invest in anything that you do not understand or that you're not ready to lose in case you know something something happens so how do we go about you and i've talked over the years about this how do we go about sort of professionalizing the crypto space of the blog chain space to make it really to bring the adults into the room and get away from the scam stores well this is a big reason why we founded the chamber and july of two thousand and fourteen we represent over one hundred sixty companies that are both investing and evading with change based technologies and we're here to be a resource to the policy community so these are companies who want to deploy this technology for. at the coal and productive reasons and we want to make sure that the regulatory community is comfortable with this technology and they understand
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the benefits of it and that we work together to build a regulatory framework that addresses regulators concerns like. consumer protections but also does not hinder the innovation you know it's really a double edged sword as you know for years i was the first financial regulator to say you know we need to regulate these things but it wasn't because i didn't want them around i wanted i want them and i still do but figuring out that appropriate balance between how much do you regulate or too much so you for innovation is a question and i know that we've talked in the past and i think you're bald and some self regulatory efforts we saw of the the week tyler and cam cameron winkel boss talk about setting up a self regulatory organisation and we say that of their sorrow that means separate from the government and some people would like to only have the self regulatory organisation as opposed to like the s.e.c. of my old agency to see if to see what what's your what's your take on this and how do you thread that needle well the hallmarks to
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a true self regulatory organisation and that it goes through the congressional process so commissioner quantize from the clintons from the c.f.a. see it was really the person who originally called for that and called for and us are only asking to kind of clarify what he meant by that and what he meant was either or either something bad goes through the congressional process and really has the teeth and the authority to regulate or just some and entity that the industry formulates on their own what we believe about the chamber is that by having the end of stream proactively. regulate itself or take steps to oversee standards best practices reasonable compliance mechanisms you're going to get better results than leaving it to the government and we all know that there are some issues that are between the f.c.c. and the c.f. to see where there are some jurisdictional challenges that again is going to take a congressional. action to really solve so what we're doing at the chamber of commerce we founded
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a initiative called the token alliance we have over two hundred sixty block chain and token experts from around the world who have come together to write the best practices for token assurances and they were going to take those best practices and implement them so we our companies will voluntarily comply with them so in a sense this is setting up phase one of a self regulatory system more power to you i mean unfortunately i think given all these us you see subpoenas and everything as if we have lots of negative stories out there that once the regulators put those guys and gals you know put them in their place and find them that they may then come up with changes to laws rules and regulations so i hope that your efforts are successful in that you go about it as quickly as you can i'm thankful that you're out there a period boring the c.e.o. and founder of the chamber chamber of digital congress thank you so much for being in fact free shit. and time now for a puny pause for the.

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