dollars and pay t.m.'s parent company one ninety seven communications and taking a stake of three to four percent in the parent corporation pay t.m. says it has three hundred million users in india with four billion dollars in value of monthly transactions on the platform of berkshire hathaway now joins big names including ali baba and softbank as investors in paid parent many market watchers quoted in the reports of caution that while this is a first for berkshire mr buffett is not personally involved in the deal and may not this may not set a new precedent or policy for mr buffett with regard to technology. there are some mega moves in the right hailing space as d.d. the chinese company has suspended its so-called it should be carpooling service that after a brutal assault number of a female passenger this follows another murder of

a writer in may the company restates released a statement which read quote as a platform d.d. failed to live up to trust and by the public and has inherent responsibility and over is taking the long way home to profits have it focuses not on cars arrests u.v.'s but makes moves toward more urban friendly transport lots to get up to speed to on the right hailing space let's get with alex my hyla bitch is always savvy and sophisticated on these things alex that this suspension of the car pooling service the hitch is a big blow to d.d. isn't it. well of course look at do you know many of us haven't even heard of d.d. out there i'm sure a d.d. is the world's largest car company when it comes to car hailing i should say or write a hailing company out there both by valuation and the number of riders that use this so when news like this gets out of this level of negativity it's a horrible thing for the company so they have to take a major step back and take a good look in the mirror at what they're doing and how they're going to move

forward now after this latest sultanas let's let's be frank it was a rape in a murder and this this is what happened to a driver there was actually a complaint about this driver the day before they came into d.d. and the person at the customer service person did not react accordingly to d.d.'s methods of reacting to something like that within two hours so they're d.d. basically took the hit here and that this is something that people have been talking about online as well as the fact that they've been talking about it. from the chinese government we've heard many complaints as well so any way that you turn this not a good thing for d.d. now look they've been taking this very seriously here's a statement from them this is from the the founder and the president herself two different peoples i should say we thought we were using technology to build a better world of mobility six years ago when we started this business the tragedy reminded us we have walked this path without enough respect nor humility now t.v.

has changed its methods saying that you know it's not about growth anymore it's about safety and about protecting customers that's going to be their number one priority. alex it seems to me that lube are is making a pretty big shift there they're moving away from the ride hailing in urban areas they're moving to scooters and bicycles and i think what they've told investors is that. they may be not profitable in the near term alex because they're moving to these bicycles and scooters as opposed to having several tons of metal rolling around in traffic jams so what do you think well it's interesting it's one of those like several long term plans according to the c.e.o. that they know they've got me they took a four point five billion hit last year and something like this is going to give them a hit as well but it's the long term plan i mean they have been investing in this type of thing are ready in april they purchased jump and they also they have the

investment in the scooter sharing company line so this is not something that's brand new to them but it's it's an interesting idea of how to move forward knowing that it's going to be kicking a loss but they're saying you know what's important here is the way that we're building cities and we don't want to contribute to more traffic with these massive vehicles also this is great for short hauls for commuters so they don't have to get into a car and you know pay more will be paying less and it's actually a good thing they're saying for drivers because from now on into the more bikes and these electric scooters that you have on the road the more long haul drives that they have so they'll be profiting more in the end so it's a win win for everybody according to her and i also note that toyotas given five hundred million to over to develop their self driving cars will talk about that again are to correspondent alex behind all of it thanks alex. thank you. and time now for a quick break but hang here because when we return u.s. financial regulators are going after bad actors in the cryptocurrency space in

a big way gary de wall special counsel at cat mutual roseman join us for the latest plus our chief correspondent sports correspondent steve croes stock goes reports on how sports betting business is worship and how one gaming company is making it easier for folks to place their bets as we head to break here the numbers at the closing bell will be right back. i doubt that i would have that contract and i better. not go there not that i'm not

out of the mouth of the money that they let out of germany. this was a good time to. try to move. the. sun that was nothing that is funny not why not act and then again why exxon and the whole people we believe is the obedient. little of my kids i don't want them up with johnny but i already know the moment i look out on what i have a lot of kids there is a lot of them on the white community will be left without the things i don't want to put out a other moment party when i don't know them or the brother. forman or sitting in a car when the fifth gets shot in the head. for

a different version of what. one of them is on the death row there's no way he could have done it there's no possible way because the list did not shoot around a corner. welcome back brazil has faced turmoil in the transportation sector this year with truckers strikes rowlett roiling delivery in inventory operations nationwide now the trucking slowdowns are having consequences in another vital transportation sector shipping global shipping joyent merced. has raised the alarm saying ports are overbooked for outgoing cargo with some export reserving exporters reserving more space than they need exploiting firms started scrambling for space when the

trucking strikes began and buying up space as a hedge against the crunch when the strike finished those exceedingly large bookings in turn exacerbated the overbooking and space problems the friction is getting exports out the door so to speak comes at an inconvenient time for brazil and the world while u.s. acrimony with china over trade issues is reducing chinese purchases of u.s. soybeans brazil now the world's largest oil producer has been expected to fill that gap but now some question if brazil be able to do so given the large logistical shipping complications. and we are now delighted be joined once again by our friend gary to wall who is special counsel at a law firm roseman gary welcome back i have a couple of commodity questions for you at first so we saw a market set a little fuel injection based upon the potential for a u.s. mexico trade deal do you think in commodity markets that news was met with really just a sigh of relief. no doubt it was met with

a sigh of relief although it's probably a little bit even supply. side mexico was a big importer of hogs and cheese so you saw the big bump there. it helped everything but clearly we need some relief in china china was responsible for fourteen billion of soybeans imports the terrace there have caused about a two dollars per bushel hit to the market price tariffs are really hurting and we're not going to get good changes until we see some tariff relief in china i. totally agree with you let me ask you about the the news i was reporting there just a moment ago about brazil and you know i'm not sure that's going to happen but what's your thought about whether or not this transportation logistical problem with shipping could really put a damper on the brazilian exports of beans to china. you know it's interesting the export of beans is actually cyclical from march to september most of the purchases

are from brazil for the rest of the year most of the produce purchases in china are from the united states will be interesting to see how everything plays out one thing interesting bart that's to keep in mind is is that despite the trucking problems which really began in june at the end of june the beans on the ports in china were at about a three point five week supply and that actually is greater than the equivalent week supply of three point two in two thousand and sixteen and twenty seventeen oh very interesting oh data details so they put ahead yeah absolutely head well they were they were ever supposed to do in these markets right exactly ok let's go go to crypto real quick you know the c. f.t.c. your old agency my old agency they had one a permanent injunction a ban against an operator for a new york based company called cabbage tec corp in the c f t c they boldly and viciously defrauded investors in what does this say about how serious financial regulators are about going after bad actors in the crypto space gary sure i think

both the f.c.c. and their old agency the see if the sea have been very very active in this space previously bart and i think you and i have talked about it and other editions of your show i have commented that before it was just regulators talking about it and getting settlements now the court decisions are coming down and that's the significance of this case against cabbage stack and patrick mcdonnell it was an actual court saying that crypto currencies are a commodity and that the f.c.c. that they see if d.c. has the authority to bring these kind of anti-fraud actions against such allegedly bad actors and you know better than i as as as an attorney i mean once you set this case law that actually gives the regulators some more comfort in what they do and i think right now they're probably a little skittish and in that regard gary you know the conflicts but. in the sea if the sea and the s.e.c. the trees or commission are sort of known for those of us who worked at one of these places but how are they getting along in the crypto area i think there's

a lot i mean at least from what i can read in the newspapers and my colleagues at both agencies tell me there's a lot of cooperation that being said i think there was a little surprise in many corners last week when the securities exchange commission declined to approve to exchange is exchange traded products of eight nine exchange data products based on big futures and if you read the disallowance orders there seems to not have been a recognition of the standards that exchanges must certify in the future space regarding anti manipulation and surveillance that seems not to been given a lot of comment to you or a lot of respect by the f.c.c. and their disallowance and i wonder what will happen that was actually done by staff of the f.c.c. and now the full i.c.c. will will be reviewing this matter coming out with their own opinion and i'll be curious to see how the f.c.c. deals with the sea if he sees processes for exchange contract approvals well i remember the self certification in our old world in the commodities world gary was

the exchanges could self certify and i believe we had like ten days to reject it if we wanted so looking at these e.t.s. i mean i'm i'm supportive of bitcoin irby crypto e.t.f. but they certainly need to be cool with all the rules and regulations and you and i both know all that it's always intriguing interesting and of course enjoyable to me personally gary to have you on the program gary do all of the law from cat mutual roseman thanks gary good to see you again bart. and politicians and investors around the world are eager to see some movement in the bracks process and anxious to see a minimally disrupted resolution of the debacle now at least one prominent japanese executive is warning that his compatriots are quote seriously concerned at the lack of direction in the negotiations carioca. he she chairman of both ichi corporation and has served since twenty fourteen as chairman of the business better ration mr

neck and meant to the environment of uncertainty around bracks it telling the financial times various scenarios get discussed from no bracks it plunging ahead without any deal at all we net we are now in the situation where we have to consider what to do with all of them mr knock an issue pleaded for clarity and urged the u.k. to stay in the customs union in any deal and warned against a no deal hard. and now we move to sports betting it's a topic we've covered before in light of the u.s. supreme court decision to allow such betting back in may we thought it was time for an update plus there's now a new way to bet you could do it on your phone our team sports correspondent steve any up the details give us deal with the details on what's going on is it taking off steve it really is it's happened very quickly you know since may you know just a few months ago there's already now four states including about of course new

jersey delaware mississippi mississippi coming just this month in august and new jersey and delaware jumped on a pretty quickly in june and they already have some impressive numbers delaware being a very small state you know population under one million they generated already fifteen million dollars in total bets that in about one point five million now new jersey four million dollars in revenue revenue in their first month alone but since the launch they've generated over forty million dollars in bets you know over seven million in revenue so it's really taking off in west virginia rhode island and pennsylvania are next in the coming months are those are pretty impressive numbers whether you like gambling or not like gambling a lot of us like business and like to people see people do well it's so good for them in that regard now what about i think it i don't know if it was which the cup which the game in years or it was who's doing an app on the. phone where you can bet on your phone so it is m.g.m. resorts it's called the play m.g.m. new jersey sports betting that now you have to have it specifically for new jersey

so i could download it here in d.c. for example but i have to be in new jersey within state lines they use geo trackers in order to bet and all very interested and it's through a specific casino other casinos are going to jump on but the borgata in atlantic city is the only one that supplying this right now so you download the app you can bet from anywhere in new jersey you have to be twenty one years old and the way it works is app is it's very simple to use it streamlined so you use a virtual wallet you deposit funds into it using a credit card or a check for example and your funds that are available in your wallet virtually you place bets and your winnings go directly back in your wallet and then you can you know really bet and and you can bet on any sport right now it's a soft launch it launched last wednesday so it's only available actually for android users at the moment but i phone users and other platforms it will be available for those as well according to the borgata and m.g.m. m.g.m. is the first company to have both physical and mobile sports sports books available

and so that's looking to be ahead of the game now in terms of taking over the and so you can't download it here not that i was going to but it uses the geo tracking got to be physically in new jersey in order to bet you can download it anywhere but you have to bet physically in new jersey at the moment yes the christakis thank you so much pre-shared all the information. and that's it for this time thanks for hanging out with us you can catch boom bust on directv channel three twenty one dish network channel to eighty or streaming twenty four seven on pluto t.v. the free t.v. at channel one thirty two earth always you can find us at youtube dot com slash boom bust r.t. sin x. time.

you know provision i might buy going to i want it. or not. but i can. get. there so you know i lost his boss because. we don't have any. money but that's almost i don't mean that. so i says you know what i was you know i got you know just i mean my most wanted i'm already but have spent the better of me just going to. the lord. if it up as i might you know i mean that really feels like it will get us on getting worse but those were the. one of those but it was just this by the support of this. my family fussy about my just but that's already yes equestrian he thought of getting out there calling us implementing my thought aloud but really just got to go into.

the world of big part of. law and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be smart we need to stop slamming the door on the shopping past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now for watching closely watching the hawks. out of the mouth of the money that they let us in. this one. so

a good time to. try to move. that out loud to get my money not why not. why x. chanting in the hall people we believe this will be again. a lot of my kids i don't want them up with johnny but i already have the moment of total motherhood a little like you said i was a little i'm a little white community old enough to want to think i don't want to put out a lot from my worst party when i don't know the muslim brotherhood. headlines here on r.t. international the last rebel and terrorist stronghold in syria is surrounded as all parties to the call for to prepare for what may well be the final showdown in the

country's long war. a palestinian activist from norway claims she was hit twice in one week by israeli soldiers firing rubber bullets in the west bank. the ukase of women's minister victoria atkins comes under fire from l.g. feet activists after expressing concern over the rising number of kids switching to change their gender that and other transgender issues have certainly spog the debate we need to look at why puberty broking drugs are being handed out like small teams to children they don't know their own mind trans people do not choose to be trying they don't make this decision about gender reassignment without very very serious and long track thoughts. it is just after eleven and. i'm on

a very sunshiny wednesday here in moscow thanks for joining us we have your top stories. the last stronghold of rebel and terror groups in syria up the knoll the province of it is surrounded by the syrian army with a decisive battle looming civilians off fleeing the area through sheer monetary and corridos set up by the syrian government and russia. and i asked him then why do you think a minute since we're holding him since hostages that he was called in are counting minds here intensely of course and some of this humanitarian courage will is all some facial.

of the game i am from in the conditions were dire there the militants don't let anyone go we escaped with just the clothes on our backs controlling it labors militant group high at al shabab formerly known as al nusra or al qaida in syria the group is viewed by russia and america as a terrorist organization and has carried out a broad broad range of atrocities the group chief has warned all other factions against taking part in any talks with damascus our weapons are the source of our strength and thinking about surrendering to the enemy and handing over weapons will be considered treason. and as tensions mount in the russian center for syria reconciliation says it's received intelligence on the delivery of talks six substances to the province with the help of self-styled rescue group the white helmets to later be used in staging a folds like attack russia has previously warned that militants are preparing to

stage a chemical attack. as the of investigates. it is shaping up to be the end a last showdown between jihad ists and the syrian army it is the last remaining stronghold of islamist and rebels what's worse is the foreign power buildup in the region out of the blue u.s. cruise missile delivery systems guided missile destroyers strategic bombers a re basing and dropping anchor near syria days after the u.s. and its allies warned that take action if chemical weapons are used by as sad as we have demonstrated we will respond appropriately to any further use of chemical weapons by the syrian regime and russia which is beefing up its own presence warns that it's the islamists that are plotting just that the u.s. continues to expand its presence of cruise missile carriers in the middle east

which is connected to the preparations for another false flag incident allegedly involving chemical weapons russian reports of u.s. military buildup in the eastern med and nothing more than propaganda it's not true that does not mean however that we're unprepared to respond should the president direct such an action the united states the knives building up its forces but says it's ready to attack syria if need be the good news is that russia and the united states are also apparently in talks to prevent any potential use of chemical weapons but the danger remains the worst case scenario and international escalation militarily the rebels stand little chance against the syrian army what could save them is a foreign intervention caused by for example a staged chemical attack syrian armed forces have no chemical weapons and no plans to use it with that when you go there is no military necessity for it to snuff anat

for the russians to assert that the syrians have no chemical weapons sensible people will know. militarily use this means to draw the fire of three powerful countries upon themselves we have no information about chlorine being delivered to consider it as an invitation to the rebel groups to stage another chemical attacks as they did it in the east and that is what happened last time say the russians staged an incident in ghouta that led to a us french and british cruise missile barash against syria. these time what with the military build up the stakes and reask of an escalation

will be much higher but it hasn't begun yet there will be a big conference on friday but chances of a peaceful resolution look slim the russian reconciliation center has been trying to broker a deal but the jihad ists remain defiant worst of all is that there is many as two million civilians in need live trapped between jihad ists and the syrian army if talks fall through with chemical weapons they used if this battle drags on civilian casualties will soar not to mention the danger of an international escalation and escalation is imminent how that develops we don't know whether it goes. very fierce in the form a very fierce confrontation between. on one side and its allies and syrian army and its allies on the other side we don't know we hope that it goes as

a twenty in other areas. like most recently in da a southern syria we are faction leaders understand that this is a force that they cannot. compete with or fight effectively and they see if they are people and their cities a lot of destruction and death in that case you know people could go back to under government control as soon as possible to normality basically soon as possible and we understand that many of them. are hoping to achieve such a feat. a palestine solidarity activist from norway claims she's been hit with rubber bullets fired by it's ready soldiers twice in one week and she called one of the incidents on camera. thank you. if you're pointing actually.

you were asked by an elderly man if he could accompany him to get his car back that the israelis had taken as an economic shield so they had it in front of them there is nothing happening at the moment so we decided to go with them and leave or approaching the i.d.f. mian and with our hands in the air and the postilion man he walked a little bit faster than i am so he reached down and we held back and i think you can see very clearly from the shouted that i got my hands in the air filming and there's no one around me then they shot me. solution or they shot me on purpose another person from crawford quadroon he was hit and i had not so long ago and he lost sight in one eye and news also unable to close his jaw i've been to the protests five four or five on four or five previous occasions so i knew they would

be firing rubber coated steel bullets and tear gas which they had before but always stayed to the side or at the back of the demonstrations under as an observer to to witness what is happening so of course there is a risk when attending anything that's where the i.d.f. is kristen force claims she was first to hit in the stomach while standing with her hands raised and later in the same week while leaning against the wall she was shot in the ankle and while the rubber coated steel bullets are seen as non-lethal the injuries can be severe particularly when fired a close range the forty three year old norwegian activist has been supporting palestinian protesters in what they describe as well the occupation of their land that by israel the israeli army told r.t. that force had been standing among rioters at the time who would be.