tv News RT May 29, 2018 3:00pm-3:31pm EDT
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the whole extent this idea of being independent it go it defies one hundred years of integration into europe that it's absurd i understand that everyone likes to be independent but it's never ever ever going to happen in any meaningful sense. the kingdom is just ever going to happen of course these new rules came out in the e.u. regarding privacy for example and all these tech companies had to change everything and i just noticed that over the weekend because we've lived in the united kingdom for so long i have had dozens and dozens and dozens of e-mails from all these british companies saying to to new european privacy directives here's our new policy on privacy so it's like there are all these just online about people throwing 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 you're the customs union better member of the new passports of the new
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color has been manufactured by a french company well we're going to take a little bit of a break here don't go away much more coming your way. join me everything on the alec simon chill and i'll be speaking to guests of the world of politics or business i'm show business i'll see you. what politicians do. they put themselves on the line they get accepted or rejected . so when you want to be president. some want. to go on to be press this is like them before three of them or can't be good. i'm interested always in the waters of our. first.
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twenty eighteen coverage we've signed one of the greatest bill people. but there was one more question and by the way who's going to be our coach. you guys i know you are nervous he's a huge star and a huge amount of pressure you have to be the center of the beach. and we'll show the great british you are the rock at the back nobody gets us to you we need you to get going let's go. alone. and i'm really happy to join the to. meet the special one. needs to just say the review beyond the team's latest edition to make up as we go.
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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 walkin 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. crypt alembic going 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 the lives of 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
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a new leader in mexico that's what the press in mexico is saying. obrador is the result of max kaiser how will this impact the currency markets in mexico and 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 bullets in the dim certainty. according to surveys he is the one heading to 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
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ask you this. the mexican peso has tumbled by double digits as had all the other emerging market currencies as the u.s. dollar has soared in value and how does this impact your 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 the used to be a huge devaluation and inflation every six years when outgoing and incoming new president 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 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
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political scene of for a moment obrador as a leftist and what this in your view. the 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 leftists option but what is funny is that because he has had this presidential run being so successful with with left the protective pole he sees the other candidates are also doing the same type of folly so even the ones perceive the 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
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framework for crypt out something that 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 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 said the problem is that there have been you know some bad actors in the banking sector that have benefited. the richest of the rich so your view on that you know unfortunately as you say makes us have 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 tech side is that they just passed the thin thick law in mexico the beginning of the year so right now all the physic industry is being regulated and there there are no some clear rules including us script a currency exchanges which is good because no you know how you you can interact
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with regulate the players for example stockbrokers banks different regulated and yes and there is some clarity with whom do we have to work with in order to get for example more cryptocurrency into the exchange are we going to react if and different financial services and how are we going to interconnect with the mexico financial system it was like well listen i would say before last year right so you were 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 his interoperability between you as the crypto guy and everybody else
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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 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 banks or people that don't 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 reaching out to these people bringing into this economy and financial services that 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 axes been
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reduced dramatically meanwhile in the legacy banking system not so much protection against attack so there's been a major hack a mexican banks tell us about it as if impacts our business if it all yes there had been something lace in transfers there were some rumors. of bankings banking system going to banks code hag there isn't much information flowing but no 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
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contingency there are there are flowing slow very. ollie they're trying to find out what went has happened and they're doing the best to geishas internal yes money i mean in 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 scene and 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 so 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.
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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 someone for and for and for an i.p.o. and different type of service is a better system and so this so right now there's there's a new stock exchange gold biba and they're just finishing up the last. to 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 it sounds like some competition now and it's going to be better for everybody yes definitely and one of the bets that they have is as their 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 bencher capital funds and in mexico so probably we're going to see new players and
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startups coming and making i.p.o.'s in the. 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 and it should attract. crypto 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 how did 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 employés legacy systems old computer systems and they would still be going out what to do in the event you guys because it is stripped out because it is so agile because it is a new paradigm you are up and running in j.s.
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and 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 running we were twenty four seven we had some delays for example in customer service or entering 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 taken that 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
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to move money that there's some answer to all of this in say the. crypto space so more and more people besides the technical side are coming 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're right now we have more accounts than old stock brokers in mexico together so we have more users than them this is a massing so the culture of owning stock and owning equity and being a shareholder and the capitalist system is really not part of the mexican culture 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 not crypto savvy they're trading savvy and i mean that's i build an economy i would think yeah you know so i mean either they may get attracted by bit corn or ship their currencies
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that's year was a great year in and returns and what happens afterwards is that they diversify and they go they start trying go probably i should invest and precious metals probably i should invest in stocks so yeah as you say this develops the economy this develops 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 it's happened 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 site and that's something that we are focusing right now especially me. in this and we're also creating this bridges for example like you
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mentioned with the new mexican stock exchange we just made an event with. listed in thomson reuters so the whole our markets through block stream we got listed also in nice 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 go 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 it's very nice guys are safely over it or i think our guest knows a lot or he is with a bit dot com if you are a racist on twitter it's kaiser report it's a nice bio. one else seems wrong. just don't call. me.
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yet to see palin. come to. an engagement. trail. when something find themselves worlds apart. just to look for common ground. fifty years ago pregnant women to come together as a sleeping pill and just this is what i mean because i just doesn't want to share just on the scientific what terrible but not on this is shown induction on full bore. you know that we won't. come up across europe victims astonishing legal battles demanding at least some compensation in something two ways first will the physical damage itself as well as a constant reminder that the people who actually perpetrated this crime has never
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been born to justice and it has been a couple. of quite for many flips over the years so i know the game inside guides. football 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 just kill the narrowness and spending children twenty million and one fly a. book it's an experience like nothing else on here because i want to share what i think what i know about the beautiful guy my great so what more chance for. a nice going to take.
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off there's a little. there's a close close. terrorism is one of the possible motives being considered in the shooting in the belgian city bombing which has left three people and the suspect dead. an f.b.i. informant to respond he wes politicians and the media confused about how to describe the road to cambridge professor he said to have infiltrated donald trump's election campaign and these ready parliaments abates a law that would ban the filming of i.d.f. soldiers who are currently in the spotlight the alleged excessive force.
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but i welcome his five pm here in moscow he watching international news starts in belgium to where two police officers and a passer by have been killed in a shooting in the city of early reports suggest see where the police officers have been injured. well this video does appear own line and it is said to show the area of the attack gunfire can be heard peter all of us has more details on the story the gunman has been killed by police we understand that he got ahold of a weapon after disarming the two of the the two police officers that were killed what we're hearing from the interior minister. is. offices are on the
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scene investigating but they're trying to get to the bottom of the motive terrorism is just one of the scenarios that they're looking at right now but when it comes to just who the perpetrator of this attack was we are starting to get more information from the local media that he's being reported to. thirty six year old belgian man who had just been released from prison yesterday on on monday the twenty eighth but belgium is no stranger when it comes to terrorist attacks and attacks in a similar vein to this one if we look back to just last year in august of twenty seventeen two soldiers were attacked by a man wielding a machete they were just wounded there were also other isis inspired or isis claimed attacks involving police officers in both october and august twenty sixth scene and the thing is those soldiers and police they were in the most part of the
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streets and more visible because of the suicide bombing that took place on the twenty second of march twenty sixth enough 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 the very latest as we have it three people have been killed two of them police officers one of them a passer by as a gunman opened fire in we also understand that two of the police officers have been wounded and officials are saying now that the attacker was killed at the scene shot dead by police officers. now america is split again and not just along party lines either this time it's about one word spygate the term was used by donald trump in reference to the alleged planting of a mole in his election campaign by the intelligence services the department of justice describes that person as an informant so is it just semantics. takes
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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 shooting rockets all over the place through kid hillary crazy very he's crazy is a bit but you know he does it with terms latest 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. by gates 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.
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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 me read an article in the new york times and he 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 the 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
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branding effort to discredit the discredit the russian investigators and i don't really know where kid spy gave and it just went on from there after running out of steam either supporting or contradicting trump claims little hint either way it still works for trump they went on spending air time defecting to semantics at play here we give you the great debate of informant first by what's your reaction first the tweet and second to the distinction between a spy term on the president is using an informant there 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 sounds perfectly fine right but what if it's a spa funnily enough and a breakdown of the coverage of translate this phrase by the washington post we were mentioned as having not picked up on it but you haven't said it yet but this whole time i haven't thought it ok well then spygate spygate spygate so we move on now.
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ok let's get the thoughts of matthew barrows he's the veteran cia analyst and former national intelligence consulates and he joins us and you very welcome mr burrage thanks for coming on a lot of debate about this story in your opinion should we use the word a spy or informant tool doesn't it matter. to us. well if it does matter the sense that. he is a spy he went out of the large ridge and he would be paid for his words and he would also trying to develop a. new reason to do so if he's an informant it could be that he decides to do this just because he's a committed democrat. trying to get dirty. it's not
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nuclear the relationship with you have to be i see you have a solution for the you doing this or whether. he just offered this information to the f.b.i. certainly was in a position to know some of the people i think there are some who suppress research indicating christopher steele so there is a difference. here but here is this should really be clarified. is it standard practice mathy from your knowledge to perhaps the f.b.i. or intelligence services would actually embed somebody into a presidential campaign. to see a. little bit of. it isn't standard practice to sustain by. on a political campaign. and that's the serious part of this for me because these are americans he was talking just. if they were under
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investigation. there is a question about the timing of these when for example carter was one of the targets of the school when he was being interviewed before the have to be launching their counter intelligence investigation in hand to speak of course it's also what he was fishing for you know as every fourth i have seen is that on the card or. talks carter said he really wasn't talking that much about the from campaign so it is very important you know. if anybody who paid him a snow and who what was he supposed to be doing was it just getting information on the surface until or individuals as they may be under investigation but they are americans and they need some sort of. process beyond this the f.b.i.
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would need to actually do that do those investigations and have somebody go out in his bio and see for sure he must he wouldn't be what would be then a valid justification for sending somebody in like mr howe before example and acting as an informant or a spiral however you want to call it. just you know resume. well if these individuals are under investigation you know if you know snowden still committed then there would you have malice. reason to mention how. you know again it was questioning in the information that they're trying to gather would be have to be linked to that individual's. you know doing whatever is under investigation on.
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