i believe and they created these new regulations and large pretend to the population that something was being done and that this that what happened was so unique and new and not and had never been known before but it was simple old fashioned crimes of finance so that was just a distraction but i do believe that those regulations did have an impact particularly on smaller banks banks of the world are as we see tumbling have been very leveraged and there is no reduction in leverage for them and we see that in their market action but i also do want to say and i did say i would get to the start this chart shows why early vote and italy could would hardly produce different results italian electorate has seen little in way of wealth gain since zero creation while g.d.p. per capita is much higher in germany for italy or means below where it was upon euro creation this is via bank of america merrill lynch this is germany this is italy as you see this is the introduction of the euro in lockstep together after the introduction of the euro but g.d.p. per capita since the financial crisis since these new regulations since the e.c.b.

stepped into the markets and started buying certain bonds and and favoring certain participants over other germany has done well italy has done badly and you are not as if they're not for they are search google and you old x. times or germany or strike and explain exactly what's happened the last five years as i predicted well we have to go to the break but when we come back we're going to be doing a whole lot more so don't go away. completely .

any european council. of seven come to believe that we shan't should get out of the it's a sanction encompass option the best of the ok box let's be honest and pragmatic the decision final decision on this issue. has to come from watching. because washington is utilizing wind utilize to do all the trade rules. fifty years ago britain and within to come together as a sleeping pill and thus this is what i mean because a lot of the us has said just the scientific sweat terrible but not on the road as shown in dodge when trouble more will be here not the war then boom boom us across europe victims are starting legal battles demanding at least some

compensation in south in two ways first will the physical damage itself as well that the concert mind that the people who actually perpetrated this crime has never been able to justice and there has been a couple of. welcome back to the kaiser report imax keyser time now to go to south africa and speak with abraham cambridge of the sun exchange it's a new block chain company that got its start encrypted a few years ago on start join dot com a site that i founded so i'm very special interesting in this story it's an amazing story abraham welcome to science and spit out a long time coming so it's going to show you thanks for having me all right super you know there's one phrase pops out when talking about this story solar powered money which is some shock to me from the very beginning and then you guys for many

years a few years now so tell us a little bit about the sun exchange. yes i moved to south africa in two thousand. two thousand and fourteen is where the soviet industry in the u.k. and u.k. is not known for its sun as you well know because i saw her history there was very much supported voiced government subsidy in posi when i moved to south africa where there is a lot of sunshine there is no sort of animals or he's the wasn't when i moved in his beauty down to lack of access to funding the business isn't for me he's to go soeda and at the same time i was really getting into court so i am i a proposition to a friend as i'm going to set a business up it evokes so good so your energy currency because the two things i stores so complementary you go to decentralized any system that we're trying to build let's build it using a decent sized financial system because bitcoin is global and universal any one of the woken our own solar panel is located on

a roof here in south africa and the site is ideal set up to allow just up and knowing individuals anywhere to go in increments of less than ten dollars buy in and then lease oem so who sells to factories businesses schools whatever whoever needs access to clean it who solar power of which there is no shortage all that's what's on exchanges that are trying to connect people who want to go silent to people that need to go sort of right and i love this story for so many different reasons first of all reminds me of a quote from buckminster fuller the talked about how earth gets a thousand times more energy every day from the sun than it is this you know there's an amazing amount of energy that comes and and the solar energy market is evolving quite rapidly and the cost of solar panels as dropping like microchips a cost of dropped over the heiress and some marrying these two industries a crypt. big cotton and solar you have a fantastic marriage that is disrupting a couple of industries simultaneously is disrupting the energy business and estus

rafting you could say the currency beza simultaneously i could talk a little bit about that. yes i mean if you look at it was cool the level life cost of energy star how much a kilo our electricity is worth. so the power is now the cheapest form of power on the planet when you have lots of sunlight so it here in south africa so but energy is now cipa due to this heat produced co co how so cheap and cold how about what great for what amazing pressure we just crossed is a civilization that we can now produce and if you directly from the sun more efficiently than through burning fossil fuels i mean what pray for is also i don't like currency so i i mean i mean totally i mean we've now got this this this system to connect anyone to a soda bottle and he were somewhere else and you know this is universal resources sunlight and now people can access the universe was also using this universal financial let me go. right so again this is truly

remarkable in many ways because the sun is a is energy and energy is currency you know we live in a world that runs on energy and that energy right now is dominated by hydrocarbons and the oil industry and as being now replaced by renewables and solar and sound the sun exchange allows for that currency that already exists it's called the sun the sun is already generating a currency called energy so some exchanges are allowing people to actually develop a passive income of cryptocurrency krypto income that bus from the sun right away i visualize it with we're converting photons into electrons into digital money and then it gets sent to wherever he's go and then goes about this the money gets converted so what the next stage of the process whatever the recipient that

disregards he wants to use with it and interesting one can even vision that we. united since we've since he saw that this of the energy to most typically network of becoming more and more were the topic but it's actually people forget the solar power once it's once you've been in finance this is producing energy for free for ever on the next twenty five years so if you were to finance a so-so with coining the big wigs and get destroyed duckie from circulating what we have done is created twenty four home years where the posted energy busts so what we did what we had to do is people who have cribs are converted into soda cells because you will then creating a positive energy balance and thus creating an entirely new framework for growth for global economy you've got these post if the public saw it states know we think it's just sunlight so it was so good to guard the mines those things combined could roam into our financial system right abraham you know we have been in the crypt of

businesses twenty eleven covering it quite extensively the first in the world to decide and we have looked at many projects we've seen hundreds of projects and probably even thousands of projects but we have decided to give you guys a big come on board as advisors because this is truly a fantastic marriage of crypto and a monetary need and a utility value i mean this is this is talk a little bit about the utility value how it works this is genuinely a fantastic marriage of crypt in and it and a banking model that's truly remarkable so talk a little bit about the fact that this really is a utility because energies are utility you know people pay their energy bill they pay their utility bill in this is this is utility application correct yes i mean the people of whom i hear. so much talk about will change this book chain that very

very few projects get to see an energy project is commercially operating and something to. is is the only one aware of that you did anyone actually use today and the reason why no he said today's we're not trying to reinvent the wheel will it be using the big point as a payment system for distributing the value from a some of the panel in one country to their own disposal of anil's in other countries and that's what that's what's operating. it is that that come a little going towards the yes or certainly i mean the let me let me let me jump ahead so the sun exchange is currently working with the u.n. development program on a pilot program to bring cellar to the university in moldova tell us about that program why moldova and how exactly does a stock exchange set up that work yeah i mean that the objective of the science changes to your head and name so to projects to go ahead the previous week what what. we're talking about projects that are less than a metal box so what would be considered in the commercial going industrial sector

of the solar market which in a market like the united states and germany and i said there was like thirty percent of the industry but totally absent in emerging markets and the reason why is that two conventional in street investors are not willing to invest in that scale project and too small and they're also too big to be financed off balance sheet by the consumer about energy so it was a very specific financial systems are becoming in place to actually fill that gap and so this changes motorways twenty eight leases of commercial so bonds which guarantees low cost energy that they would otherwise be paying and this is a no whom up front cost so we're running a project the moment sort of how about a factory that manufactures bottles out of recycled plastic says here in cape town is a hot megawatt project the problem with this factory is a much cheaper they come access the will power from the grid is not available we're coming in and deploying a home for megawatt solar panels on their roof no upfront cost of them saving that

money on a utility bill and those are battles getting so this is a solution for a there's a merging markets to to go. it goes over yes me ok great let me jump ahead to. abraham you are doing and i see it initially in offering full disclosure and warnings need to be state of the air so on advisors of the company anyone watching should take that into account and do their own research right so we're not giving financial advice regulators of course are all over the i.c.l. market how has that impacted your fund raise yes i. see if anyone getting a vote with our i.c. i need to make sure that they bear and if they qualify as an investor in the united states or any other jurisdiction where that is required but is it what we have issued is a utility token what we mean by that is not to your rewards token. we creating

a rewards program and anyone who's using the sun exchange going to sun x. as they buy soda sells and as they make small decisions and it was a socially and not proof idea on the most onyx the people for our platform the high that discounts and bonuses all and any sonics accumulated could be staked into a solar projects insurance fund for emerging markets i was the state that token they were the box with twenty percent paid in sun it's now the i.c.a.o. this pre-selling these were woodstock and so getting there without a significantly reduced cost me would be a acquirable fruit program itself and in a much easier way so that's just the proposition for that the officers present in the rewards tokens and giving the boy easy and instant access to the mass of users ation size range buffalo and state the minnesota project insurance fund which is something that's needed i mean the problem with solar projects is that if the end consumer stops paying that bill then the project is devoted so this insurance fund

is to create a buffer so in the event of a solar plant or fonteyn we could cover the cost of relocating associate each when you saw. with a new office i cannot specific people but the fun is to do right you know not a great feature now once again as i said love the project love the idea but when it comes to investments everybody needs to do their own research and i'm not giving and that's what advice now abraham you're doing this on the bitcoin block chain which is unique because usually hear about these things on the theory and watching but it's on the on the on the big block tend to speak a little bit about that well actually the sun exposure could easily all see transcripts of currency on the if they. wanted so don't show on groups talk on the big one but it wasn't ready at the time or we don't we all would be joyous or whatever it took to make that happen right now because in the l.c. transcripts or carnegie we all used the big one gold chain for the rental payments

so as people from buying a so-so for a couple they are getting paid in between we make payments every day every month and we get it down to a resolution where we can do that in real time so we've got ahold of our technology roadmap is implementing the lightning network having a lightning mode so we can actually stream the the big queen in real time from point to production to the motorcycle so as well it's over but our goal is to stream monetize on showing and bigger bloke with lightning and actually made was that not what we are working towards ok that's great hopefully can stay on for a second segment but just to recap here sonic stance best player using i think that's a brilliant explanation as you say you're converting photons into electrons into crept out and so anybody can buy into an income producing solar panel scheme to help anybody who needs energy so they are bringing about this network effect and

killing two legacy industries at the same time the hydrocarbon industry and the banking industry both get punched in the face. which we love to say anyway we got to go but thanks for being on the kaiser report thanks max and stacy great all right also we have you on for a second segment that's going to do it for this edition of the kaiser report was made by geyser and stacey everett like to thank our guests abraham cambridge of sun exchange if you're a racist on twitter it's kaiser report and so next time but. what politicians do something to. put themselves on the line to get accepted or rejected . so when you want to be president. some want to be. to going. to see what the. people. i'm interested

in the ones. well you know they were kind of adopted because we were called pirates for so long . i've been there in the small ball it sticks it hard to learn shapes and it's. not up. to little self to beak told fish already ninety percent of it are caught and flown because the. concept fifteen scoops seventy five tons true and they do it several times a day with the big fleets oh you get an idea my coaching skills. we have to understand we can not stay still and just. be witness of the

field going too far. i'm doing this because i want the future world to the future can generations to have out and enjoy the ocean we have. 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. when you get is a move on definition and the extremes will support. the violence is a pug and it's almost a schizophrenia. where you can do all these things and behave badly.

they're going to be full of horse colorful little for thirty plus plus more so for the last. one this may be an unfair in their role. although. i would rather buy a really beautiful down. meaning in these in the least if you don't and evolves it's constantly evolving and. we have the privilege of being the most allied of the united states. to and many other alliances promoted by the west the united states in particular the members will we also have the privilege of being the most sanctioned. of that to any group of countries so it sounds contradictory it is contradictory and this shows that pakistan will do what is in its national interest

it will know it just will with the end of one real. mourn the death of a palestinian nurse killed by israeli forces really. she was helping injured protesters on friday also ahead this hour. letter was given to me by. oh would you like to see what was in that letter. with how much how much how much after having delivered from the leader of north korea from say. between washington. will take place. and a florida jury awards four cents compensation to the grieving family of

a black man who was fatally shot in his own home by police we spoke to the families . who have to tell three children that their pain and suffering their loss of a father is only worth. every year tuning in from right around the world welcome to moscow on to our international my names you know neal good to have your company our top story palestinians are mourning the death of a nurse killed by me is really defense forces during protests on the israel gaza border on friday here's video of her taken not long before she was killed. this myth is that in the desert. and there's nothing better how are you going to.

miss some. kind of movie. because our. brain is so. cut them. pictures of the young nurse went viral on twitter us people expressed their condolences resign shroff was among the party medics tending to wounded palestinians those demonstrations continue over what they deem as an israeli occupation of their territory does a british journalist who attended the funeral. we are now in the funeral of her son and no shot at twenty one year old palestinian female that was shot by the israelis night race yesterday on the tenth week of the great much of return president was shot when she was trying to rescue a lot of the palestinian protester that was shot by the israeli snipers near the

front has been volunteering as a paramedic for ten weeks of the great much of return she has been working as a volunteer for more than two months thousands of hundreds of females palestinian paramedics palestinian journalist palestinian females all mourning her death everyone is so. sad this is filling the place. my daughter was shot by israeli forces they deliberately targeted her it wasn't around it was a sniper they knew she was a paramedic she was the first female paramedic in the field she used to buy medicine for the injured who couldn't afford their own treatment knows i was with her son when she was killed we were trying to get the injured from the fans when the israelis tossed approaching their snipers targeted us with tear gas we were suffocating and then they started to shoot randomly one of the bullets entered us his results chest result was pointing to her back and then she fell to the floor our message is a humanitarian one we go to the border to rescue injured people we are unarmed

we're wearing paramedic uniform all we have is medical tools and that sent to help the injured a twenty one year old mom died due to a gunshot to the chest the bullet was lethal causing severe bleeding in the chest around the aorta so when her corpse was delivered to the hospital we were surprised by the barbarity facing the medical crews being targeted just doing their duty to treat the wounded medical crews are doing a wonderful job and we thank them for that doing that for their people. but our tea house received a response from the israeli defense forces concerning civilians being taught. they say they're thoroughly examining a number of cases including the death of the nurse however the i.d.f. also stressed that the islamist militant group hamas is deliberately putting save billions in danger meanwhile the u.s. has vetoed a u.n. resolution that calls for the protection of palestinian civilians on the gal's of

border while america's own resolution not blamed for the violence failed to get any support to the consultation. the drop has been submitted on the nation the resolution offered by quaid represents a grossly one sided it would kuwait the resolution reflects the current situation terrorist group hamas primary responsibility for the living conditions in gaza. didn't expose is the main threat to palestinian and israeli civilians hamas is a major and pediment to pete use a response song who is responsible for gases being besieged by here and she and it not having access to basic necessities is ridiculous it is hamas that has consistently diverted humanitarian assistance into military infrastructure who is responsible for the detention of hundreds of palestinian children and is room

united nations sides with terrorists over israel as the kuwait resolution does. bring to separate resolution the text as proposed just not reflect a balanced and cultural approach to the israeli palestinian conflict and we regret that the american does not adequately references rails responsibilities and obligations with regard to this resolution rightly places responsibility where it belongs in favor of. this search and there is another missed opportunity for this kind of. the meeting is adjourned. well during the two month long protests at least one hundred sixteen

palestinian protesters have been killed by i.d.f. soldiers out the gas and border according to the international red cross thirteen thousand palestinians have been injured more than three and a half thousand wounded by live ammunition while the organization is now boosting its medical assistance program in the area the initiative will cost more than five million dollars over the next six months it includes two surgical teams which are expected to conduct two thousand operations also a fifty bed surgical unit as well as additional part of medics and supplies here said the red cross the scribes the humanitarian situation as it stands in gaza. the hospital simply cannot grasp or deal with a bigger influx of violence. if we see the same amount

of wounded arriving in your speed doors as what we saw on the fourteenth of may and would simply have hundreds of patients leading to death in the parking lot. tens of have already lost some of their limbs and became amputees and follows arms have been wounded including several thousands by live ammunition that's something that is overwhelming for any health system in the world the accelerated deterioration of the humanitarian situation has affected all speed or. has afflicted all key infrastructure so the capacity of the system to cope with this new influx is extremely limited and this is why the a c r c he says well. its capacity to when swear leave the medical needs you're in gaza. was. you know when you are

you know spit or eggs of palestinian red cross in the speedo line in thirty minutes eighty we've been wounded arrive when you're in chief and in eight hours five hundred cases arrive this is something that is absolutely unmanageable in most schools in paris in new york but even more in gaz are which is already civilly weakened and butter of the place a very difficult humanitarian situation that prevails in history. i was. humanitarian assistance is very nice and this is why we decided to act even more but on top of the. absent of geopolitical really even decisions the situation we only worsen and worsen. guys are now working on the edge of

a cliff. donald trump past reaffirmed his commitment to meets with the leader of north korea for a peace summit this month it's after the american president revealed to journalists that he received a quote very nice letter from kim jong un the thing is it's not clear whether or not trump actually read it. the letter was given to me by him you know and that letter was. a very nice letter or would you like to see what was in that letter you know you might with how much how much how much it was a very interesting letter and i haven't seen the letter you know i purposely didn't know. i haven't opened i didn't open it in front of the director the letter was passed to trump by a former north korean intelligence chief who was part of the delegation in the u.s. talks between america and north korea are scheduled for the twelfth of june in singapore.