tv News RT May 29, 2018 12:00pm-12:30pm EDT
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their computers out the window because of this hassle but nevertheless they're having to abide by these european regulations anyway in order to stay part of that year the customs union better member of the new passports of the new color has been manufactured by a french company well we get to take a little bit of a break here don't go away much more coming your way. so what we've got to do is identify the threats that we have it's crazy to let it be an arms race. spearing dramatic to follow to the only. exists i don't see how that strategy will be successful very critical time to sit down and talk.
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you never know what's around the corner you never know what's in the pub you can walk into excitement it's that mood now and that's where the adrenaline in much comes from. the needs and plentiful and the extremes of all. the violence is a part and it's almost a schizophrenia. where you can do these things and behave badly. they're going to be public hospital for a little while. more so for the last. honest man infirmed. will follow through the thought. of a broader where no piper young really did a poll that was going to. be nice to me is that brief if you don't involve the. constantly evolving.
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welcome back to the kaiser report i'm asked as are time and turn to jose rodriguez he is of bits dot com jose welcome back thank you max always a pleasure being with you but it's great to have you back on the show it you know one of the guests that we've had going back to the early days of big oil and who have really been part of the growth of this industry and it's a bit so i guess the largest. crypto unbuckle an exchange in latin america that's right we just surpassed half a million users well it's phenomenal growth and it shows that this coined bitcoin is had really a profound impact on the global economy and a lot of the millions of people all over the world who now understand what it's all about now apparently our show kaiser report you know was responsible for installing a new leader in mexico that's what the press in mexico is saying this is. obrador is the result of max kaiser how will this impact the currency markets in mexico and
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i guess bits yeah well right now there has been some fluctuation in the exchange rate we are in the higher and the highest rate that we've seen in recent years there's a lot of both at the lib dem certainty. according to surveys he is the one heading to be the president of mexico but there's still some over a month couple months before the elections will take place but it looks like after it's his third try trying to be the mexican president and it looks like it's probable that he's going to become into power and much push by keiser report. but said other words you don't really have a scenario of impacting your business materially one way or another but let me ask you this. the mexican peso has tumbled by double digits as had all the other
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emerging market currencies as the u.s. dollar has soared in value and how does this impact a business yes there are some people that like to invest stored by u.s. dollars for example where an election is coming before ninety ninety four each six years that mexico elections take place every six years they used to be a huge devaluation and inflation every six years when outgoing and incoming new precedent came in so there's people who would like to save in and us always and there are some people that also because of the ability lead to the they're having their like they have one to cover future abatements in u.s. dollars or cover up and well because it is a way of doing this encrypt their currencies but also as we know it's a way to moving money in and out of the free markets right and to get back to the political scene a for a moment obrador as a leftist and what this in your view. the
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domestic economy does it need a bit of a lefty to come in and take away some of the excesses one finds when the right is in power for a long time or is it what he of you yeah so he's viewed as the most left this option but what is funny is that because he has had this presidential run being so successful with with left this protective poll he sees the other candidates are also doing the same type of folly so even the ones perceive a far right are doing also those kinds of policies so he's move the needle of discourse and so the going forward the policies would be in place on the regulatory front how might they impact tripped up because every country is down evolving regulatory framework for crept out something trades are open they try to attract tripped up as a some countries are. repel ing they tripped up as mexico to me given they history
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the banking system would benefit hugely from having a more crypto based currency and better relations with a tripped out as just a way it would be to me a left wing issue because they had the problem is that there have been you know some bad actors in the banking sector that have benefited you know the richest of the rich so your view on that you know unfortunately as you say makes us had one of the biggest cases of money laundering in the financial system we have one of the largest unfortunate cases which is b.c. for example and reg no what happened in the other side on the fin thickset is that they just passed authentic law in mexico the beginning of the year so right now all the physic industries being regulated and there are there are no some clear rules including laws scripta currency exchanges which is good because no you know how you you can interact with regulate the players for example stockbrokers banks different regulated and yes and there is some clarity with whom do we have to
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work with in order to get for example more crypt occurrences into the exchange are we going to react if a different financial services and how are we going to interconnect with the mexico financial system it was like well with so i would say before us you're right so you're in a bit of an island an unregulated island which was has a certain appeal as a counterpoint to the banking system that was perceived as being run in an inefficient way or by a lot of bad apples us some use that term but what you're saying is that to grow the ecosystem at this point to have some regulations that apply to everyone in the space to give interoperability between you as the crypto guy and everybody else out there the banking insurance all the other financial products out that the. to that extent the regulation is a net plus and also it's
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a way that you've seen it all over the world and in other countries has come to. give more and more than they now make economy and also bringing new players there probably are for example the own bank there are people there who have access to credit or people that do not have access to financial services so that is also an advantage of that we have another fix have a reaching out to this people bringing into this economy and financial services of they wouldn't have access normally so we make grow and develop right so you know in the early days of kept out you know they were down the street was all as this exchange got hacked that exchange got hacked but of course the script was dominated by the best engineers and minds in the world that have gravitated toward this space the incidence of these access been reduced dramatically meanwhile in the legacy banking system not so much protection against attack so there's been a major hack
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a mexican banks tell us about it as if impacts are business if it all yes there had been something lace in transfers there were some rumors. banking's good banking system going had the banks got hacked there isn't much information flowing but now there is so information that they were actually able to create to this phony accounts and transfer money out of the banks and wow it has been infected and is that there's a contingency in the banking system and there's delays in transfers so for example there's a lot of users that we throw money from from bits o. or the president a bit so a normally we did a great integration in which this is an instant transaction and right now it's taking hours and it's not only us it's the whole banking system because they're in contingency there are there are flowing slow very. ollie they're trying to find out what went has happened and they're they're doing the best
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a geisha and turn the best money i mean on the banking system they number of hours and days it takes to clear trades could be three days could be a normal clearing time and if there's a problem the system works so slowly that they many times can fix these problems before it's noticed because the whole thing kind of goes slowly but with crypto on the stand as you point out instant transactions instant confirmations when they legacy banking system slows up for any particular is that it shows up quickly and people are aware there is a problem this is a distinct checks and balance i understand actually in mexico now they're bringing on another exchange and to compete what the current exchange it's been around for one hundred years. talk about that a little bit yeah we only had one stock exchange in mexico which is called dublin so he got another about otis so different from for example in the u.s. where you have nasdaq you have bats you have a new york stock exchange mexico there was only one so this also made that you had no competition and there were there were no incentives for example to challenge
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someone for and for and for an i.p.o. and different type of service is a better system and so there are so right now there's there's a new stock exchange gold biba and they're just finishing up the last the start running and now they're going to compete for orders now they're going to compete for better technology more i.p.o. so it's going to help develop also the sun sounds like some competition now and it's going to be better for everybody yes definitely and one of the bits that they have is c.e.o. they brought. a very experienced person who has been leading venture capital funds and she was like the president of the mixed group which is the old the bench or capital funds and in mexico so probably we're going to see new players and startups coming and making i.p.o.'s and mics. go because there aren't many i.p.o.'s in mexico mexico city is an unbelievably charming city that while i love to visit
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and it should attract. krypto community above and beyond what is already there you've already got a thriving line you know it's funny we were talking yesterday and i said the head of the earthquake impact your guys and it's really a testament to the agility of this industry and compared to the legacy system because the answer was well you know we live the next week we're already in a new location now imagine if this happened to an old line bank earthquake damage and tons and tons of employees the legacy systems old computer systems and they would still be a theory out what to do in the event you guys because it is kept up because it is so agile because it is a new paradigm you are up and running in days in a new location right yeah we have to be running twenty four seven fortunately our building got damaged and we have to move out of there. but yeah we were up and
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running we were twenty four seven we had some delays for example in customer service or answering tickets but we kept them running and we kept on business as usual right tell me about the demographics of the customer base she said in a half a million users what how does that break down demographically so most usurious are between twenty five to forty years over each. we have made some surveys to see what is what is the type of profile and we also see what type of people so most of them are people that have either a bachelor or a master's degree they have some interest before it was only and take a night decide now you're seeing more financial and economic people coming into the into the space and also finding out even if they want to trade of their one main best if they want to move money that there's some answer to all of this and so there. crypto space so more and more people besides the technical side are coming
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and being attracted into the training space and what we're also seeing that is very impressive is this new generation of traders that you hadn't seen. any time in the xico because we right now we have more accounts than old stock brokers in mexico together so we have more users than them this is amazing so the culture of owning stock and owning equity and being a shareholder and the capitalist system was really not part of the mexican culture you know and the guys are a startup even around what five or six years and you already have more accounts than all the stockbroker has combined yet so and these people are now crypto savvy they're trading savvy and i mean that's how you build an economy i would think yeah i know so i mean either they may get attracted by bit corn or ship their currencies that's year was a great year in and returns and what happens afterwards is that they diversify and they go they start trying to oh probably i should invest and precious metals
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probably i should invest in stocks so yeah as you say this develops the economy those of ellipse investments and now it's they're getting diversified people that bought a twenty x. for example this year well they're now. experimented with with stocks for example and they're trying to build a portfolio which is happening in the other way around then you guys possibly would also go into brokerage right you're thinking of that are right now we are we are opening our institutional sales area so we have been very good with retail customers but we haven't been in the past so good with this person the vice and institutional investor side and that's something that we are focusing right now especially meat. in this and we're also creating this bridges for example like you mentioned with the new mexican stock exchange we just made an event we just. listed in thomson reuters so the whole our markets three blocks from we got listed also in
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data services so we are getting all those bridges built for institutional investors to see how we are able to service and to bring information and financial sounds like a trip for us to mexico city is coming up again soon we must kill you must say thanks again for bad guys report thank you very much max that's going to do it for this edition of the kaiser report with me max kaiser stacy habit or thank our guest knows a lot of he is with a bit dot com if you aren't just on twitter it's kaiser report and i stopped by a. plate for many clubs over the years so i know the game and so i got. the ball isn't only
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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. and spending two hundred twenty million and one player. it's an experience like nothing else only because i want to share what i think what i know about the beautiful guy great one more chance but. i think it's going to. join me every thursday on the alex simon show and i'll be speaking to us from the world of politics sports business i'm show business i'll see you then. fifty years ago pregnant women to come together as a sleeping pill and just this is what i mean because the truth doesn't share this
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thought the scientific sweat terrible but not on the road as shown in dutch one football world if you know the war then boom come up across europe victims are starting legal battles demanding at least some compensation something to waste first will be physical damage itself as well that the concert mind that the people who actually perpetrated this crime has never been pulled the justice and there's been a couple. then in the law there's. the law there's. the end. there's the old.
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terrorism is one of the possible motives being considered in the shooting in the belgium says he has left three people on the suspect. also to become an f.b.i. informant or spied us politicians and the media get into a muddle i've described the role of a cambridge professor who infiltrated donald trump's election campaign and its political crisis deepens a failed euro skeptic coalition says the e.u. is behind the italian president's decision to appoint a brussels friendly interim government. because. one can say no minister with his name goofy pluto will donald duck because he has not approved one stock market
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financial some european capitals is this a joke. on the israeli parliament debates and you know all that would ban the filming of i.d.f. soldiers who are currently in the spotlight for allegedly using excessive force. pm here in moscow you're watching international our start in belgium where police officers and a possible being killed in a shooting see whether policeman thought to have been injured. while this video appeared online purportedly showing the area of the attack gunfire but i can be heard so let's get the latest now from our europe correspondent peter all of us who say. good afternoon what more do we know then about this incident. but as you said two police officers and one passer by have been confirmed now as
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having been killed out the scene another two police officers were wounded we also understand that a woman was taken hostage out the scene before the attack was neutralized that's how it was described by police initially we're now hearing from police sources and media on the ground there that they're confirming that he was killed now the authorities aren't commenting when it comes to motive as of yet we did hear from the interior minister of belgium jambon saying that anteater offices were at the scene to establish what happened he also went on to say that they were ruling out any possibilities for now terrorism was being considered put as well as of the scenarios now the very latest that we've been getting from local media on the ground perhaps some clue as to who this attacker was now that they're reporting that he's a thirty six year old belgian man who had just been released from prison yesterday some media reporting that he was released only on day release and then is seemingly
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going on to carry out this attack we'll bring you more on that as we get it but belgium isn't a stranger when it comes to terrorist attacks if we look back just last year there were either isis inspired or claimed attacks and we look in october august of last year where two police soldiers were attacked with a machete they were wounded thankfully just lightly there but if we go back to twenty sixteen in october and august police were the targets of attack and the thing is those soldiers ambushed police they were in the most part on the streets and more visible because of the suicide bombing that took place on the twenty second of march twenty sixth those three suicide bombers that blew themselves up in both brussels and airports and on the brussels metro as well they killed thirty two people so this latest incident that's taken place police are confirming that it is a terrorist attack. this thing that is one of the possible scenarios they're
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looking into at the moment which is left two police officers and one passer by killed as assailant opened fire in the belgian city of years. ok thanks peter that was our peter over there reporting for us. now america is specific and not just along republican and democrat party lines this time it's about one word spygate the term was used by the u.s. president donald trump to refer to the planting of an alleged mole in his election campaign by the intelligence services the department of justice though says that that person is an informant so is this just semantics takes a look. there are many out there who would and do call into question donald trump's business process but there's no denying the guy is a branding machine and his labels have a tendency to work like gangbusters mark you know little mark he's a lion ted and you know that's his name we can't have met rocket man sick puppy
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shooting rockets all over the place through kid hillary crazy very he's crazy is a bit but you know you does it with terms ladies hash tag where the buzz word is spreading like wildfire he came up with this one to remind anyone who follows his twitter which is everyone that the f.b.i. may have spied on his campaign through a confidential informant but that sounds all official and is definitely not scary or catchy q trump we now call it spygate. spygate adding a gate at the end makes it so much better doesn't it watergate deflate gate russia gate priceless and according to some anonymous sources that spoke with the a.p. terms choice of the word spy was not an accident he allegedly picked the term believing it to be more sinister and likely to be picked up by the media and if that's true boy was he right the revelations of the obama era political targeting grow more ominous by the day trump claims the f.b.i. may have been spying on his campaign he's kind of upset with the read an article in
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the new york times seems to feel that there was a mole or a spy in this campaign ok no surprise that fox picked up and ran with trump's phrasing but seriously it's common knowledge that if a toddler is throwing a tantrum you simply don't give them the attention they clearly want the fake scandal that trump scripted for us in the media this week as a name one we're not going to repeat this morning and has tweets to go with it which i am not going to read because reading those tweets is what he wants us to do three even joy get m.s.n. b.c. could have been a shining beacon of rationality for the rest of the media to look up to and not give trump exactly what he wanted but no. president trump has seized on this new branding effort to discredit the discredit the russia investigation by i don't really know where. spygate and it just went on from there after running out of steam either supporting or contradicting trump claims little hint either way it
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still works for trump they went on spending air time defecting the semantics at play here we give you the great debate of informant first by what's your reaction first to the tweet and second to the distinction between a spy term on the president is using and informants they're one in the same a confidential informant is someone who is informing confidentially in other words spying you may call this person a confidential informant that's perfectly fine right but what if it's a spa funnily enough and a breakdown of the coverage of trump's latest phrase by the washington post we were mentioned as having not picked up on it you still haven't said what this whole time i haven't thought it ok well then spygate spygate spygate can we move on now. the individual at the center of the spygate scandal is cambridge university professors staff and how he was allegedly collecting information on several of trump's aides they were suspected of having links to the russian government something they deny the information was reportedly used to stir up the trump russia
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collusion probe but we discussed it with the legal and media analyst line it's amazing how they focused on the word spot i first use informant when in fact the real question is what is the role that this gentleman was involved in what was mr helper. who cares is he a spy what do you mean by that they also go through these great graphics of how many times you used the term and and did he meet it in this context the same thing happened when trump used the term wiretap they said there was no wiretapping and they technically were correct because they were focusing on the the age old wiretapping of your verses surveillance and. i mean are they that serious did they miss the point the point is not whether this gentleman that by the way was outed
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by the media the question is not whether he technically falls under the the definitional rubric of spy versus informant question is what was he doing there in the first place why was mr trump the subject of this type of directed intelligence scrutiny in the first place. for. now if lee said to be led by an interim prime you're a pain prime minister that after you're a skeptic coalition's bid to govern was details by the italian president the head of the league party one of the failed coalition members thinks that this may have been to pressure from brussels so here's a short recap then of what happened. approved all the proposals for the ministers but did not prove the name of the minister of economy but the call that one can say no to a minister with his name goofy pluto donald duck because he is not approved by the
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stock market world the financial world or some european capitals is this a joke. that i accepted the mandate. of the union that many italians hope for this government to get started so this was an ugly serious baseless act. cannot speak to i want to speak again of my friendship and support for presidents motorola has a crucial task ahead audiology sure going to them furious allow me to be furious today feel of the lineage that we also have principles inside the euro zone even more but that he should tell us every government must have the stamp of approval of birla in paris and brussels today this is crazy well we are skeptic coalition failed to form a government after the italian president rejected it and picked for economy minister and then surprise surprise the president has now appointed a former international monetary fund official as the interim prime minister that does mean to that fresh.
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