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tv   Documentary  RT  June 26, 2018 11:30pm-12:01am EDT

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oh well. will bush she'd be a sheep standing near our land however. all over the. steering map by city and finds no doubt that the reason he saw it for the tsunami something else i'm sure you have when the boston pops just just down there beyond the field right square was that was fed have been like. yeah these argentinian fires really coming out with relief more than anything actually louise's. there's a big band playing music just to my right as well so that's on the top of the atmosphere for the sponsors going i'm very happy to see that game of posts in the past off getting off the explosive stuff
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a little messy getting his first goal of the tournament with a great strike across the keep and that got things on the way and the noise in the city to spike stadium overwhelming the argentinians supporters in that ground this evening they really put the lid off the stadium and at that point they were very comfortable in the game come to half time just off the hoff time nigeria what a penalty that was slaughter the home comfortably by victim over this and really for the rest of the second all nigeria look very comfortable they actually could have made it to one of the couple of occasions and if you were discussing before that was a. very controversial be all decision which wasn't given for nigeria and then it was just four minutes till the end loftus road popping up with a bloody finish that any strike would really be proud of of course he has a sense often so that sparked a huge sea of celebration. amongst argentina fans not just in the stadium but
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across the world with. it with. the argentina can look forward to playing france in the next round and that's sure to be one of the real big targets not just of the next round but also of the told him and so far in those he's been saying this tournament we're deep into the guy. only one goal in the store so there's been lots of drama so far lots of goals respecting that by the continued going forward. as have a look back at all the action from earlier on tuesday from group c. france and denmark are three to the last sixteen france went unbeaten with seven points and denmark chalked up a win and two draws three found something to cheer about with
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a two nail whenever australia countries go ahead and here are the highlights from my game. france and recorded the first goalless match of the twenty eighteen world cup france topped the group and one point was enough to see the danes three to the next round. like c.r. chefs he was at the game and caught up with the denmark keeper kasper schmeichel. probably the happiest man to be on the pitch that's obviously. son of one and only peter schmeichel actually asked him first whether the game twenty
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years ago in one thousand nine hundred eight when the situation in the group was exactly the same at the one thousand nine hundred. games but he said that he didn't even pay attention to that game because he was focusing on the job at hand which was to secure a qualification possibly not to lose to one of the strongest sides in the tournament one of the favorites to lift the french national side so i also asked him about the video assistant referee system which was introduced in this world cup and in fact michael has already been on the receiving end of two cases of interference in the previous two games so this was the first game that you have played in this tournament without any kind of foreign interference does that make you feel better. well i think i probably should have been to go into variances from my own. we should have but. where do you stand on the do you
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think it's time to. write a final one so you're probably playing creation the next round. very potent forward line what do you think is some scary or calm collected as you. well let's see if it is. very likely to be today we just enjoy this result we enjoy the next round and then some more we start focusing on next game quite interesting there on the one hand he feels that there should have been two penalties on the other hand he says he's not a fan pretty much just like his father peter schmeichel. shaping up here a quiet will take on portugal. saturday. then on sunday it's playing against the host nation russia in moscow croatia it will play dodgeball in nizhny novgorod. without
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a problem with cup special coverage right up to the final on july the fifteenth. when lawmakers manufactured consensus instead of public will. when the ruling class is a project themselves. with the final. we can all middle of the room sit. in the real news room.
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argentina venezuela they are mad about bitcoin because their commies are in freefall those are peripheral currencies when we have a major currency like the dollar the again the euro the pound enter a similar crisis which i believe will happen you'll have then adoption rates in those countries wall spike as well as a way to store a value as a way to preserve wealth because the banking system is completely unsustainable it will not exist as we understand it in ten years time it will not exist central banks are an endangered species. welcome back to the cartel that middle east correspondent has been denied entry to ukraine stopped at the border while heading to a human rights conference on media freedom here's what she told us shortly after arriving in berlin. flights here from kiev four were pretty uneventful this of
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course is after spending around eight hours today in the departure lounge at the airport in kiev i arrived there in the early morning and initially my passport was flagged at customs they then took me to a side room where they kept me for around an hour and a half without giving me any kind of explanation eventually when i asked what was happening they called me and they sat me down and they said that i had been found to not be allowed to enter the country they wouldn't give any kind of reason they said it was an order that came from above and they are me to sign something that confirmed that i understood that i was not being allowed into the country that i was being banned for the next five years and as i say no explanation given after that i was taken to the departure lounge to be honest the treatment by the border police was ok there wasn't any kind of harassment or talking to me badly in any way and they left me to my own devices a few hours later they came with my passport and then i was allowed to board the
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plane i was attending a conference in kiev that is organized by the organization for security and cooperation in europe the o.e.c.d. and it's a conference that was devoted to media peer ality and media freedom in ukraine and that's the irony of the whole situation is that i was meant to participate in the conference to talk about all the the problems we as journalists face particularly in conflict zones and the very authoritative we're holding that conference refused me entry so it says a lot about the way the ukrainian authorities view press freedom not allowing journalists to attend a conference on press freedom the last time i was in kiev was back in two thousand and fifteen at that time i was reporting on fires that have broken our channel and i started receiving death threats on my twitter feed and an online witch hunt was instigated against me in the decision was taken for me to to leave as soon as possible. all of this is particularly concerning because of course it sheds light
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on a very real situation in terms of press freedom media karate that is happening right now in here if there was a response from the o.e.c.d. they said that they were greeted what had happened but of course saying one thing and having a conference on media freedom while you have myself and another russian journalist who was also prevented from entering the country while we were in the terminal and this conference was happening what words seemed to mean very little actions of course will speak louder as paula said she wasn't given any explanation as to why she's been denied entry however under the ukrainian law foreigners must be given a reason if they're denied access. we've asked the ukrainian foreign ministry to clarify their stance on the situation and we're still waiting for a response there we did get a response from the british foreign office commenting on the case of policy clear who has a british passport they said it wasn't something they could help with they suggested speaking to the u.k. embassy in ukraine. r.t.
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has also asked multiple press freedom organizations to comment on the situation with porter's lear most of them have not yet responded but here's what some of them told us the international federation of journalists said here is actions completely contradict democracy while human rights watch said any dissatisfaction with the work of journalist does not justify barring them from doing it and of course the incident was mentioned at the media freedom conference that paula was heading to however the panel changed the subject when it was mentioned. don't you think that ukraine should step away from the policy that we condemn and russia and think full to the speaker for condemning the decision of the ukrainian authorities not to allow russian journalist of guinea permaculture and r.t. correspondent paula slip to come to crane they by preventing them from participating in this conference thank you. an open question more for the audience not necessarily for the expert panel here so i'm sure that that will be discussed
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during the break i have one with one last question or we calling it a day. now ok listen thank you very much to all my panelists. i spoke to the man who lost that question the russian foreign ministry representative. and as we learned pretty well in the ministry of foreign affairs at the time when we read we took promptly on another fact of well ation of the rights of us and means in ukraine. be rid of this for international audience it's a and relive and angels to react as well. leaves some room for me to ration i would say but. we can see now that the more and more this addiction gets a more accurate and precise. patrick henningsen the executive editor of the twenty first dot com has questioned the choice of ukraine as a host country for a conference on media freedoms i think the choice of the ukraine is a venue for an event like this certainly you can make a case that maybe this is
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a country where press freedom isn't really at the top of the list in recent years maybe not the best venue for an event like this but nonetheless the organizers have made a statement and have seemed to have condemned the decision by ukrainian authorities to deport these two journalists but beyond beyond this i think the important other point is polis lior for instance is one of the top war correspondents across any network has worked in russia or not in the ukraine per se although she's worked in these countries but she's in israel she's in syria she's in other war zones so certainly this is somebody who you want to be speaking at a conference like this who has a lot of experience internationally as an individual and as a great reporter just the fact that she happens to work for r.t. is neither here nor there she could be anybody on her badge but as an individual she's an outstanding reporter so that's kind of really disappointing by the
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ukrainian authorities. now residents of a paris suburb say the drug problem that has spiraled out of control. and they accuse the government of doing nothing about it charlotte has the details. i'm on the road that skirts around port palin in the paris as you can see the slum that's emerged here is brimming with rubbish it's also infested with rats but more worryingly this has become a haunt sport for crack addicts and the issue is it was so severe now that locals have this crack hill a little further up the road it's not long before we come across people who appeared to be smoking crack in broad daylight others showing signs of being high often known as the poor man's drug crack is a derivative of cocaine mixed with baking soda or mania it's the most addictive
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form of the drug. i've seen people come here and after six months they look like the walking dead they've lost fifteen kilos it's really hell for everyone. in the g.m. has lived here for twelve years he says that. pal has had a history of drug problems spiraled out of control. the situation imported. is catastrophic the authorities have let the place turn into a slum full of crack addicts it is ignore way the community on the hill there are five hundred people who are doing crazy things and annoying the locals very aggressively steal we have all sorts of things going on here about five years ago there were around a dozen of them we knew who they were but today it's five hundred the state is completely abandoned everyone's stuck in traffic we see some men demanding money from drivers they claim it's buffoon but local say the money goes on drugs and
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despite a continuous police presence nothing seems to change some a. and they're claiming this is the crack capital of france the scale of the problem is such that put the chapelle is the biggest selling point and consumer of crack in france there are no demands for an emergency plan to be instigated to combat the problem so far those crisis not been heeded by the government nor the local authorities and for now the people who live in port delicious and its surrounding areas remain in fear as the crack addiction continues to explode. paris. of our top stories today and our special world cup coverage well we're back in thirty minutes with don't go away.
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the fruit of the poisonous tree this is what critics are calling the ongoing investigation of alleged trump world collusion with russia during the two thousand and sixteen election in the meantime the upper echelons of the f.b.i. have been decimated by the previous conduct as russia gate morphed into f.b.i. gag. i've been saying the numbers mean something they matter the u.s. has over one trillion dollars in debt more than ten white collar crimes happen each day. eighty five percent of global wealth he longs to be all for the rich eight point six percent market saw a thirty percent rise last year some with four hundred to five hundred trade per second per second and bitcoin rose to twenty thousand dollars. china is building a two point one billion dollar a i industrial park but don't let the numbers overwhelm. the only number you need to remember it was one business show you can't afford to miss the one and only food
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but. you couldn't decency not in all things i'm done. playing i know you'll go. big it can't be faked they did it to get eaten so her lesson must be a good place. to play. i'm asked geyser this is the guy's report says max this is our final episode here
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in dublin at kaiser report and espanol conference and we're going to turn to the second bit of that onstage thing you did with one of the heads of queen bass you talked to a great investor deval and there was a c.n.n. reporter and she had followed up on a point you had made about queen being a store of value as she was asking what are the biggest hurdles a big point to maintain itself as a store of oh i had a good answer to that let's check it out all the adoption rate you know that's what we're talking about so a couple i claim base as brilliantly created on ramp people can get into crypto know opening thousands and thousands of accounts and they are providing that experience i think that in the future the adoption rate will be driven as it has been since two thousand census a white paper makes reference to the banking crisis of two thousand and eight the genesis block and i think that these banking crises will continue and that will drive adoption clearly in the french economies like argentina venezuela they are
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mad about bitcoin because their economies are in freefall those are peripheral currencies when you have a major currency like the dollar the yen the euro the panel and a similar crisis which i believe will happen you'll have then adoption rates in those countries well spike as well as its way to the store of value as a way to preserve wealth because the banking system is completely unsustainable it will not exist as we understand it in ten years time it will not exist central banks are an endangered species i might take a more moderated procida if you know a lot of aspects could be said to be true are you going to tell i'm sorry but. this is like max a coin beast works hand in hand with government so i think one of the big things that's holding back this industry right now is lack of regulatory clarity in the you. yes we're quite a base was founded and we operate in is a great example that we have four different regulators that all regulate cryptocurrency is something different the i.r.s. has its digital property in santa department a treasury calls a currency the commodities and futures trading commission calls it
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a commodity and now the f.c.c. is likely calling it a security in and the honest answer is that it's a little bit of all because it's a technology that allows different applications and use cases and they all resemble different forms of financial instruments so from our perspective we look at coin bases mission is to help the currency enter this ecosystem we have to be the on ramp we have to work with kind of safe trusted counter parties like banks and regulatory agencies the lack of clarity and the kind of ad hoc approach not just in the u.s. but internationally look at europe look at asia look at parts of latin america makes it very difficult for businesses to succeed it's ultimately achievable it's just it's going to be a hard process monks' datapoint right so rightfully has said that they work with governments and they have a great solution and an on ramp there are industry players that have chosen not to work with governments. who have chosen to not interact with regulators or to interact in the least possible way with regulators or to go jurisdiction shopping
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so they'll go to countries where they know their money is welcome their business is welcome and so i think there's a dynamic evolving i think that ultimately the regulators in my view in are not really going to be helpful in the development of this industry and this strategic way and that this is a self regulating new asset class that we don't need those regulators and so. i think that's a that's an issue going forward that's a bit of a controversial issue. and i sin and again claim bases are brilliant company and they do brilliant work but. i think that there's ongoing tension between krypto and regulators would you like to be the judge of this debate should we bring the regulators early on to make sure they don't come in later just i mean if i
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were him and i have been. educating regulators people consider that a bit of an oxymoron but for the last few years around the world and i think it's better because i they are going to stop and i think the industry showed last year that they were very good at self-regulating that starting to correct but given the i.c.a.o. scams of last year that really woke up regulators who may have been more quiet on that front so i do believe that there is this push and haul though and if you see cases like china which you know shut down. krypto apparently i mean great you go there and there is still a lot of mining and trading happening through other means i don't think you can just shut this down it's like this whack i'm all you know it's like you whack in one place it's going to pop up somewhere else is better to involve the regulators in the building. so i don't know if the building process necessarily i mean they're
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not technologists i think we need to educate them on what this is about and the fact that they can't ultimately control that so i mean this is the centralized this is global i wasn't i mean i remember i was in india during the monetization and the price. point was like a thousand and back then the price wasn't that high it was a thousand dollars more and he had just because of what max said the demand when people stop trusting their governments and that happens on a regular basis they're going to go to an option like that is the answer is through two points one is it's on it's uncontrollable and a lot of what is the second point is the regulatory community hasn't really earned our trust you show me a regulator and i'll show you an extremely corrupt organization i mean look at the banking system in the u.s. banks like wells fargo openly steals from millions of customers are going to slap on the wrist j.p. morgan hundreds of billions of dollars worth of fines for outright fraud no
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regulators bernie madoff was reviewed by the u.s. you see three times they saw nothing wrong these regulators are weak they're captured they're ineffectual they're corrupt you show me a strong regulator maybe i'll talk to them but the reason is created is because there is no strong fair regulator there all they all stink so that's to thank god because he's here to take the economy past the corrupt regulators and the factories . i can see there's not very many regulators. what all the big players the big banks they've been rejecting big corn for a long time. and then come december last year suddenly they wake up so there has been a lot of corp where do we. the traditionally a big players in the financial market getting into the space of this from what we're seeing the coin base i think largely the conversations been around public block seems like a ferryman decline and private block chains and what we saw banks kind of notably
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did in two thousand and fifteen sixteen and seventeen is move forward with pride to watch in instances where we think that's ultimately a good thing i don't think it's going to be nearly as impactful is open or public block seems like that point will be for the exact reason the internet's been far more impactful than private internets have been again they can move it's not either or they're going to complement one another but i think that's kind of been the first conversation the second one the one that we spend a lot of time thinking about is the institutionalization of the space and that is the large banks the hedge funds the sovereign wealth funds of the world now beginning to move capital into this new asset class and a lot of the work we do a coin base is building not just the products the qualified custodian the reliable exchanges the prime brokerages but also having the right regulatory licenses so that capital can move into the space so what i see coming from banks right now is maybe a little bit of air being taken out of the room on these private block chain instances that may still develop but are not going to revolutionize their work overnight but
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beginning to look at crypto as a new asset class that ultimately their clients want exposure to yeah i think there is that it's come from the ground up it's clients that have been asking for exposure to this asset class and the banks have kind of been dragged into it jamie diamond two thousand seventeen september call it a fraud and then two weeks ago just hired a head of strategy and that's happened over and over again a look at goldman and so and it's because of that demand from their clients that's not a top down strategy it's bottom up and that goes with. what crypto. and blocking as a bow marks i have an idea what you think about that but do you think they have something to break this space or should date just you know they don't they really nothing no value to add to it to the space and financial times this morning
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and said half banking jobs are going to be eliminated came up all the back office ship blah chain versus big going watching is great for banks because they take all those back office jobs of matching trades i was a stockbroker for many years and the whole antiquated system of matching trades and clearing trades is unbelievably byzantine and so this is all going to be done away with with block say ok so that's half the bank's gone what about the front office the guys are just sit there all day and just collect ron t.a.a. like fees for overcharging customers and and doing the faeries things what about those guys well they will have a war of attrition where more and more their customers disappear into old bunch really there's nothing left so how many bookstores are there you know free standing mom and pop bookstores are there you know after amazon came into the space very few they came and they're just there's the there's stores there's no room for them the answer's no no that's my short answer. so the last one on bitcoin the question
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everyone is burning to oscar price in a year in five years where do we stand i kind of want to see it get to the that price at which john mcafee says he'll eat is only half what i thought i was that guy is that it's three hundred thousand i think that was a million dollars only in the wind so i mean i'd like to see that and i can't have it on my show and i'd love to have an eight on my show but i don't write a lot now so i think it's going to get to a million dollars you know i think if you look at the rate of compound and you know it's entree. it's pretty remarkable it's almost one percent today and you just follow the compound rate of return albert einstein said the most powerful force in the universe is compound interest that's a quote from albert einstein so imagine if you're comping a one percent a day warren buffet's compound twenty two percent a year ok charlie monger but when i took the big coin prize well being
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times of. the prize of the year charlie monger gets to win he croaks. luck you're right i'm here i'm here for i know. i have it i think it's going to keep going up i don't pay as much attention to the price i'm more interested as a prize destruction yeah i mean it's the technology behind it and i think i think all roads and indications lead to more demand for this as an asset class it's the most secure it's. fixed supply there are a lot of things going for it that i don't see other. necessarily fulfilling that store of value functions so i you know i'm i'm a holder i'm so from our perspective point is from one of the world's largest exchange operators we tend not to focus on the price explicitly focus.

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