gary of the u.s. decision to withdraw from the iran nuclear deal as it would give china leverage to demand oil imports be priced and un several currency experts said on thursday so just just invading iraq and spending lord knows how many trillions of dollars killing lord knows how many hundreds of thousands because we're not allowed to audit how much we spend we're not allowed to audit how many we killed but the fact is it benefited iran here again we're going to benefit china is like a blundering empire not that it's unique to the us every empire does the same thing we all become hubris to can think they can now bully everybody rome did it spain did it britain did it everybody thinks they could do this and this is never different it's always the same yes always history repeats or rhymes whatever well they had a lot more crazy stuff going on the second half so don't go away stay right there.

if. you're not stance is not only in the part they cannot be a part of the i'm not the broker they have taken the seats of me to me i'll get addicted to the solution they throw in this region to what is known as miss extremists in this region i have been sent and bravado them addition by these i mean it comes as a decisions and actions more than any time before moderates and god of war people like me have been destroyed but it was such actions such fascism such apartheid being exercised by israel and israel getting away with it i think this is opening the gates of hell and this speech.

seventy four design submissions. seven thousand pilings. to join judges. and eight hundred sixty nonstop days of work. a russian w.b. a champion of it. and a russian pop stuff. show you how and why the crimean bridge was built. witnessed the construction of a unique transposed on terrain that will help the out of crimea. faster most of those you know what google more familiar with it a bit but. not

. all. but let me. welcome back to the kind of report i'm nice guys are time now to turn to gabriel abed he's the co-founder and c.e.o. of bit barbados based crypto fin tech company making waves in the kara been gambia welcome thank you for having me on the show it's great to have you on the show because we get to travel around the world and find out what's happening in different places in barbados has suddenly become

a hot spot encrypt tell us why barbados is seeing a lot of uplift from foreign companies coming in and setting up on our shores for talks optimization purposes beautiful beaches stable relatively stable economy but it's actually it's actually bermuda right now that's starting to start to become the mover and shaker in the pan caribbean as a matter of fact to be quite honest this entire caribbean star in the bubble you start to see st lucia. many islands are starting to rise up towards. having appreciation towards technology because of the value incentives that it offers there are other territories competing to be a go to destination for the crypt i went astray obviously in puerto rico other make the big play for this and in singapore there's a lot of activity and hot spots in europe so in the caribbean now you've mentioned that there are tax advantages as there would be in ireland for example ireland

attracts a lot of companies for the tax advantage and the beautiful beaches and i understand that even though the government in these areas are becoming quite correct yes so just to correct something we said i'm i'm definitely the founder one of the founders i'm no longer c.e.o. i would be focusing now on more working with various central banks around the world so that while you were in the camel because you're now the armed wing. community taking on the banks and hand to hand combat well actually this is a gift from a friend and i were all white so it wasn't good for the cameras so oh i think that's a cover story i don't really believe it i know that their suggestion and again is going on but tell us more content you don't mean to interrupt well you know in the shenanigans a lot of follies been happening in the caribbean region. i mean this is the reason why we built it was to start allowing the region to have more of a unified currency bassist i'm our financial sector right now we're talking about

a nation that's plagued with. multiple currencies. high remittance costs high sediment times high on back to population the under banks and in the region is actually quite upsetting all right you recently presented a speech to the bermuda monetary authorities on central bank digital dollars tell us about that typically when you introduce central bank digital currencies to central bankers it goes quite over their head initially so a big part of the process that is to educate central banks on the importance of this technology and what it can do for them from a perception of the center ridge the cash optimization from cash creation the point of where central banks yes in the inflationary world print money. printing money has both of a cost on a resource base cost an economic cost of course it also misses out some of the key

points that we want to citizens which is accountability and transparency and so you start to educate these guys that the chain and because it isn't a scary monster it's something that you can wrap your head around as a matter of central banks can embrace it to build a parallel to that world so that you can actually start transitioning into the modern age of technology how is a dialogue going to open that's an excellent bit of homes been successful with a few central banks in the region. most pacifically the eastern caribbean central and why that's important is because eastern said caribbean central bank is a currency union of eight islands so that one central bank being a pilot and testone for a central bank there's no currency allows for islands to settle in between themselves another thing that you may not know right into island settlement that's made facilitated by block chain facilities they've not had before i guess what that kind of efficiency so you're an archipelago i believe is the phrase that would work

in this case a group of islands yes and so. you need to have the block chain kind of clearing trades in these different territory and previously they would have gone through other jurisdictions to do these clearing trade right so that's a huge benefit so they see cost advantages most nation's most advanced time advantages economic uplift g.d.p. growth and bank citizens can now become banks because penetration rates of smartphones are over one hundred percent in some of the islands so now stable coin . is what you're talking about right so the stable point is a subset of the whole crypto space yes and it's the idea that you know if that tether teller is a dollar surrogate if you will that's crypto and that that's kind of a stable coin yes so tell us about that a little bit explore that well this provides facilitation to avoid volatility for those who wish to have the advantages of sending and receiving digital dollar with

what could be perceived as a disadvantage in the. in the crypto space of the volatility so what is stable can accomplish is to try digital feel right reyna new stable going to be stable going well bit itself as a company but they produce stable coins for governments they provide governments the tools to produce their own stable point in barbados as an example the barbadian digital dollar is nothing more than the barbadoes dollar bought one to one by the barbells dollar which is the. still as a bludgeon you know unlike ripple i would guess there's a big tree mine there is zero pre mine is not possible the premium happens at central. i mean that's it so the central bank is kind of like able to perform as a central bank but in this trip to space i benefit of the entire archipelago and you guys a bit are facilitating that world sponsored serves the the old world of central banks as a less somehow of a bridge into crypto and it serves the crypto world because it allows them to have the bridge into the traditional network because you can take cash and convert cash

physical dollars easy to pick one or other forms of my fanatical programmable currency but in the world of central bank there's zero dollars there's a bridge and a communicational path that can be built right fair enough now you facilitate a relationship has been enhanced the one year old crypto currency exchange already raking in billions why bermuda offered regulatory clarity for and i don't want to speak on behalf of binah because it's not my company although i have a lot of respect for the c.e.o. . when bermuda when the premier of bermuda. good on his promises to let me get this straight but if it's moving into permian it doesn't have a single headquarters as. the c.e.o. would have explained it by not exist in many parts of the world with different types of services in different parts of the world they're looking to do what i believe is compliance and bermuda which bermuda has a lot of compliance officers

a very large set of compliance officers so it's quite ideal for them from the perspective does that bring in more i guess volume and business so that it's a good for the island of bermuda brings in jobs it brings in economic growth it puts them on the right if you're mentioning it shows there become a little bit more know what i'm looking to get and all paid vacation. actually i should say that maybe. maybe. a bathing suit i think that would fall under the you know the threshold of what would be reasonable in this situation and maybe hook me up with a speedo yeah i could organize a flag on a speedo i thought i mentioned earlier i'm actually anyway let's move on charlie munger accuses you as a crypto currency trader are a demented. who harvest baby brains how do you respond we're changing the world makes us demented. range in the world for the better and these guys have had

a chance to do it and they did nothing that's a choice for. decades to change the world and to make a difference charlie munger for context is the partner of warren buffett over there i know i'm aware of his statement in the recent and you know he and warren have been badmouthing crept out and their own bill gates was there as well which and bill gates was is a hero of mine and you know considering some of the things that he wrote back in ninety five along the lines of digital currencies will help you on buying nations and we're literally helping a nation. in the caribbean and around the world with other central banks towards this exact mission of being able to solve people's problems and bill gates is a twice convicted predatory monopolist i'm not sure he's got a moral you know box on which to stand and lecture folks these guys they've made their way in this world and they've done well and. but they're definitely wrong they're more than wrong the mathematics in the system is pure and it's good and

that the end of the day the consensus is among all of us clearly there's some screwless in that group because they said that oh they would short it if they could and yet it's easy to short but going there's plenty ample right ways to short it going so they haven't even spent five minutes doing any research nouriel roubini makes comments about it obviously never looking at anything to do with the white paper paul krugman looks at this and he famously said the internet would be as popular useless and never go anywhere and they have no feeling whatsoever for these two. the logical reason i was on c's guy is to explain something as novel in this field as public private key pair and corruption watch them fumble and then if they can even get their heads around the concept and then who are you to to judge my face currencies or protocols right so what is what is your five years from now what is going to be happening in your world what do you what are your goals with your five year plan a bit personal while both i mean because i think you two bit and you are kind of

synonymous you know it together in a big way but we're just going to go in five years give us the picture well for but i see most central banks the monetary authorities adopting the bit process and the procedures towards issuance of their national currency base i see more bridges being built between there's a loss and still currencies. there's still systems i see but finalizing on this multilateral clearing facilities between the unions for example carry home and i see but being. the caribbean community the caribbean as one of the songs trade unions in the world called caricom and can help unify that under a single trade union yes ok so here's just interesting angle because typically the folks that are working for eleven look at the crypto space they see the lamb bio's and they see all the cover stories on the business magazines and they don't think there's anything in it for them and you would argue that there is something very important in it for them yeah absolutely are you kidding me i mean you can look

into this thing and says see bowls and ten x.'s and moon shots from those who want to scream for the working guy but for the working guy the main thing is right now that there's so many different industries that can be disrupted and involved with law change the transparency transparency accountability integrity but that's the crypto you get purchasing power is not inflated away by the central bank that's quite important you get saving real money especially in the field. what we're doing we're issuing allowing central banks issue the additional dollar but now you're providing a bridge between one of the in my opinion safest asa classes in the world they can fantastic i mean this is such a multi-faceted story and when in the space eyes you are you get to where the camel jacket and he also get to wear the big calling socks i think there's a big going to get a shot of the big client socks this is the kind of forward looking fashion statement. that crypto pioneers can wear in public. and get you know big

applause for it but anyway we got to go get real thanks so much for being on the kaiser report and he wrote already well that's going to do it for this edition of the kaiser before it was made maximizer and stacy herbert want to thank our guest gabriel abed he's the co-founder of bit of barbadoes based tripped off into a company making waves in the caribbean so next time bio. united states. and its tax on other countries. economic sanctions are often just the

beginning another thing you like to do is place some military press around the country talking about. and there must be an effort to demonize that country and the leader of that country . we have a responsibility for the whole. and we need to make rules for the. cause without us there would be. scientifically modify. the system to do industry in the nine hundred ninety s. . taking names. knights and what does that have to do to keep them out.

just. almost swamped. like this is a chemical widely used killed lee. was it was or was the right to be here is. they who strives to train runs a. possible temptation. to try to curb future scientists truths that seem context really awful on the human race to sign a surfeit still free of g.m. and chrysler state which may even be able to see as we pass the points of never sens. i can tell you i have killed thirteen people with missile strikes and there are one thousand six hundred and twenty six unnamed enemies that were killed

and all the missions that i completed and i know that i know that for a fact and i know each of these persons was a human being they had a family they had friends they had lives and we ended them the possibilities are endless. and twenty forty you know bloody revolution two to crush the demonstrations going from being relatively peaceful political protests to be increasingly violent revolution is always spontaneous or is it just the lawyer who put him in your list put the video and put him in the new bill is out of the new school in the middle of the former ukrainian president recalls the events of twenty fourteen. those who took coach invested over five billion dollars to assist ukraine in these and other goals that will ensure a secure and prosperous and democratic. the

us senate confirms the new cia chief despite widespread concern over her role in the torture of terrorist suspects. who actually have a good relationship mean we have the meeting i'm assuming something comes of it and he'll get projections that will be very strong. pledges a positive approach to north korea if it agrees with proposed obligations but friends consequences if young doesn't comply. europe is prepared to use its most powerful tool to protect you companies from u.s. sanctions which washington wants to impose on anyone doing business with iran.

you have a company as always my name is neil harvey this is r.t. international. ball is now officially the new face of the cia after being approved by the us senate nominee won the support of half a dozen democrats despite a controversial career and role in torch apprentices. there are two reasons that i oppose this nomination miss haskell support for torture and her willingness to destroy evidence of the cia's use of torture is house offered possibly the latest con for mation conversion in history sixteen years after she first learned about the torture program and only just before a vote on her confirmation. comes from in washington

samir khan joins me on the line the controversial choice of mary bring us up to date with the vote. well even after the commerce controversy the final vote was fifty four yes and forty five nays and this comes a week after she faced some tough questions from the senate intel committee regarding her role in the cia's torture program but she never really gave a direct answer. you believe the program in terms of interrogation program was consistent with american values we have decided to hold ourselves to a stricter moral standard are they consistent with american values senator i believe very strongly in american values i want to trust that you have the moral compass that you said you have i have conducted myself honorably and in accordance with u.s. law do you believe that the previous interrogation techniques were immoral what i believe sitting here today is that i support the higher moral standard we have

decided to hold ourselves to answer the question. and i think i've answered the question i have not. a few democrats who harshly criticized her questionable history with the cia voted for her anyway and according to the american civil liberties union hassle overseed torture that included chaining detainees to ceilings for days slamming them into walls simulated drowning and deprivation of food and sleep but lo and behold she was confirmed by the senate anyway we should also look at the bigger picture we have john bolton as trump's national security advisor mike pompei o as secretary of state and now china has phil as cia director so as far as u.s. foreign policy goes we can't be too sure we'll see yeah. the line up from some interesting stories america on the latest from washington. meanwhile the u.s.

president is urging north korea to dismantle its nuclear program and claimed that north korea can become quote very rich if it agrees to washington's demands on side of a planned summit between conjunct and donald trump. we make a deal i think kim jong un is going to be very very happy i really believe he's going to be very happy and he'll get protections that will be very strong his country would be very rich is people are tremendously industrious if you look at south korea this would be really a south korean model in terms of their industry in terms of what they do the hard work an incredible people do you have to remember that for the last several decades donald trump has been very well known as a businessman he actually wrote a book a best selling book called the art of the deal so we shouldn't be surprised to see donald trump out front promising all kinds of riches to north korea if they agree to his deal and furthermore we shouldn't be surprised with him indicating that things might not be so rosy if they don't go along with it this is another

statement we've heard from donald trump and i think when john bolton made that statement. i think that's what denuclearization means and we have very much in mind the libya model from two thousand and three two thousand and four he was talking about if we're going. could be having a problem because we cannot let that country have nukes we just can't do it the model if you look at that model with gadhafi that was a total decimation we went in there to beat him now that model would take place if we don't make a deal most likely now libya by bringing that up that's certainly a threat now libya was the most prosperous country on the african continent until two thousand and eleven the government was overthrown and the country has been in a state of civil war ever sense you know people are fleeing it's just in utter chaos so bringing that up is certainly you know using both the carrot and the stick

as some would say now we've recently heard north korea threatening to pull out of the negotiations over the provocative military exercises that are taking place in south korea you have u.s. forces there there are essentially a rehearsal according to north korea for invading north korea and the united states kim jong un and donald trump you know playing a hard negotiation game in the lead up to this planned meeting hopefully resolving the crisis on the peninsula so the whole world is watching them waiting to see what happens next. the european union is taking steps to counteract u.s. sanctions against firms that deal with the run the president of the commission. has called for a so-called blocking senate to be imposed. news of our pool diverse as the european commission we have the duty to protect european companies so we now need to act and this is why we're launching the process of activating the blocking statute from one thousand nine hundred six we will do that tomorrow morning at ten thirty start off

with just what is the blocking statute well it's the strongest weapon in the e.u.'s legislative arsenal when it comes to tackling sanctions placed upon businesses and entities from the european union the law itself goes back to one thousand nine hundred six it's never been acted but the closest it ever came into operation was back in ninety six when the u.s. was considering placing sanctions on european businesses importing things and doing trade with cuba what we are going to see is that on ten thirty on friday morning a really written version of this law specifically for the current situation regarding the threat of sanctions against businesses who will continue to trade with iran what may have been the final straw in pushing the european commission towards implementing the blocking starch it may well have been these words from french petrochemicals giant to tell saying they weren't sure whether they were

willing to risk sanctions by the u.s. would not be in a position to continue the project and will have to on wind all related operations before for november twenty eighth seen on list total is granted a specific project by the u.s. authorities with the support of the french and european authorities are speaking at a summit of e.u. leaders in saffir the french president emmanuel mccann vowed to protect european business but is a fear that we will work to maintain the framework of the twenty fifteen deal in spite of the american decision and we will do so in a concrete manner by maintaining our political engagements by ensuring that our companies can stay in iran and also by getting all parties to pursue negotiations were a larger. indispensable deal but despite the words from politicians in the action of implementing the blocking statute that still hasn't stopped other companies from already saying it they weren't going to do any more trade in or run we've seen the

german insuring giant say they were going to pull out they also alongside the danish shipping company maersk the pull out by donald trump from the iran deal that unilateral decision to take the u.s. out of the iran nuclear deal that really has soured relations between some of europe's leading leaders if you will and got merkel said just this week that europe was at a crossroads when it came to its relationship with the u.s. it certainly seems if it continues down this route it's a route that doesn't bring washington or brussels closer together donald trump is testing the patience of the european union and the u.s. needs to understand another part of the international community and they call just throw their weight around as they've been doing and expects everybody to fall into line donald trump has as damaged relations is no doubt about that bought. clear

that the e.u. are prepared to stand up to him now a new obviously have to or is advisors will have to reflect on where they go now hopefully it will be a wake up call for the whole trump and you know he will start to see sense but if he doesn't there is a real danger the so i was still further. italy's five star movement is confirmed to r.t. this preparing a draft resolution alongside its euro skeptic ally the lead party to form a coalition government quitting the euro and lifting sanctions against russia appear to be among the major issues proposed after the document was linked to the media on the show to do has details. many people see these two parties who are from the left and the right side of the political spectrum as being quite radical parties they're anti establishment they're anti e.u. and already that leaked document and its details of course some jitters on the stock market with many investors selling off their.