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tv   Newsday  BBC News  March 28, 2024 11:10pm-11:31pm GMT

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judge that the difference between what the prosecution was asking for, 40 to 50 years, and what the defence was asking, four to six. he settled at 25. these are serious charges. sam was convicted of six counts of fraud and one charge of money laundering. to be honest with you, it was very strange to watch the proceedings in person. i interviewed him right before his empire collapsed and i had the sneaking suspicion that however this was going to play out, it was not going to end well. and sure enough, it didn't for him and for the millions of people who lost money on his exchange, ftx. let of people who lost money on his exchange. fm— of people who lost money on his exchanue, ftx. ., ., exchange, ftx. let me ask you more broadly about — exchange, ftx. let me ask you more broadly about the _ exchange, ftx. let me ask you more broadly about the american - broadly about the american regulators and how they have allowed financial institutions and ordinary investors to get involved in crypto, so it is kind of legitimising it, you might argue. the last time you are on newsnight, you called it a hierarchical ponzi scheme still feel the same? , . ~ , the same? yes, and i think there is more to come _ the same? yes, and i think there is
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more to come here. _ the same? yes, and i think there is more to come here. -- _ the same? yes, and i think there is more to come here. -- so - the same? yes, and i think there is more to come here. -- so do - the same? yes, and i think there is more to come here. -- so do you i more to come here. —— so do you still feel the same? sam was a client which makes the stable coins for crypto exchanges and that is what is being traded. tether. his other company was the biggest client of tether. so i think as regulators and law enforcement officials start to figure out what was going on, the ties between these very few players are becoming increasingly clear. they were all on a single group chat together called exchange coordination, talking about coordinating their crypto exchanges and i will leave the audience to infer what that means. m0??? and i will leave the audience to infer what that means. now that the re . ulators infer what that means. now that the regulators have _ infer what that means. now that the regulators have done _ infer what that means. now that the regulators have done what - infer what that means. now that the regulators have done what they - infer what that means. now that the | regulators have done what they have donein regulators have done what they have done in the states, and we have seen their value shoot up, i wonder if maybe you are in denial about its potential and its viability.- potential and its viability. well, wh did potential and its viability. well, why did the _ potential and its viability. well, why did the number _ potential and its viability. well, why did the number go - potential and its viability. well, why did the number go up? - potential and its viability. -ii why did the number go up? was it because bitcoin suddenly found a
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news case? because it suddenly produced revenue? no, of course not. it went up in part because tether printed $20 billion since the start of sam's trial. those are supposedly 20 billion tethers backed by us dollars, but the company has never been audited so we don't know if that's true or not. there has been some mainstream money, absolutely, put the money is there to go in and out of the public markets, it is a regulated market. it is all fun and games with the numbers going up, but should the number go down, the full could be pretty bad. taste should the number go down, the full could be pretty bad.— could be pretty bad. we will see what happens- _ could be pretty bad. we will see what happens. some _ could be pretty bad. we will see what happens. some might - could be pretty bad. we will see what happens. some might say, could be pretty bad. we will see - what happens. some might say, how is that different to the banks? the sub—prime scandal led to the global financial crash. it is sub-prime scandal led to the global financial crash.— financial crash. it is very similar. overleveraged, _ financial crash. it is very similar. overleveraged, rigidity - financial crash. it is very similar. i overleveraged, rigidity complexity, 0verleveraged, rigidity complexity, rigidity complexity and leveraged create a system that is quite fun to
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speculate in when it is going up and when it is going down, it was quite quickly. we saw that in the spring of 2022 before sam's empire exploded, all these other cryptocurrencies have crashed. that the ridge has been building back up and so again, i am not here to predict the future, but it could certainly happen again.- predict the future, but it could certainly happen again. thank you for talkin: certainly happen again. thank you for talking to _ certainly happen again. thank you for talking to our _ certainly happen again. thank you for talking to our audience - certainly happen again. thank you for talking to our audience in - certainly happen again. thank you for talking to our audience in the l for talking to our audience in the uk. ben mckenzie. that's all from us tonight. kirsty�*s back on tuesday, after the easter bank holiday. before we go, tomorrow will be ten years since the first same—sex marriage took place in england and wales. let's have a quick look back at how it happened. goodnight. # give a little respect #to me...# i don't support gay marriage in spite of being a conservative, i support gay marriage because i am a conservative. it is not possible to redefine marriage. marriage is the union between a man and a woman.
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are the marriages of millions of straight people about to l be threatened because a few thousand gay people are permitted tojoin? - what will they say? "darling, our marriage is over, sir eltonjohn hasjust got- engaged to david furnish." it's official. in the last few seconds, it's become legal for gay couples to get married in england and wales. i am now very happy to announce that you are now legally husband and... cheering # ..0h, baby, please # give a little respect...# i hope opponents today will look back in ten years and won't be able to remember what the fuss was about.
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"they forced us out and didn't allow us to take even our shoes. "it was a cold winter morning." the indian government didn't respond to the bbc�*s questions. but we met zafar islam, a muslim spokesman from the prime minister's party. it is the opposition parties who are using muslim community as a shield. they're feeling the heat. muslim community is absolutely comfortable. they're happy. but some people have told us this. we have recorded this. 0rdinary people, not political parties. if one or two people say such a thing, it cannot be true for the entire community. the ruling party doesn't have a single mp from the country's largest minority. just one more factor that contributes to the unease we found on the ground. there is a very major sense of insecurity here, right? for example, if you take your mic and you walk around here,
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there won't be many people who would be looking to talk to you. translation: the most beautiful thing about india is its diversity, i but that is now being crushed - and the main victims are muslims. critics see the upcoming election as an inflection point for india's long—cherished secular ideals. yogita limaye, bbc news, delhi. a new report published in the science journal, nature, suggests climate change is affecting the speed of the earth's rotation and could impact how we keep time. the accelerated melting of ice is adding extra water to the world's seas, which redistributes mass. that is ever so slightly making the earth rotate more slowly, which could impact global timekeeping. let's speak to the author of the report, duncan agnew.
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duncan, how clear is the link between ice melting impacting how the earth spins and therefore affecting time? you've compared it to how a figure skater spins. yes, the usual analogy is a figure skater who is spinning pulls in her arms and legs and spends much faster and in this case we are looking at the reverse process where sending mass to the equator is like putting their arms and legs out and slowing down. globalwarming their arms and legs out and slowing down. global warming can lead to melting in the arctic and greenland and all of the ice is disappearing from the greenland ice cap going into the ocean in distributed across the world, making measurable difference in the rotation of the earth. ~ ., , , , earth. what is the biggest implication _ earth. what is the biggest implication of _ earth. what is the biggest implication of this - earth. what is the biggest implication of this for - earth. what is the biggest - implication of this for timekeeping and how does it differ from just using the atomic clock? the and how does it differ from 'ust using the atomic clock? the times we have on our— using the atomic clock? the times we have on our phones _
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using the atomic clock? the times we have on our phones is _ using the atomic clock? the times we have on our phones is a mix. - using the atomic clock? the times we have on our phones is a mix. the - have on our phones is a mix. the second set by the atomic clock and basically running on the atomic clock time scope of the types will be actually uses also occasionally adjusted so that it matches with the rotation of the earth to the nearest second. so if the earth's rotation varies then occasionally a second has had to be inserted because the earth has been slow relative to the atomic clock. the effect of global warming has been to continue to slow the earth, but in fact the earth has been speeding up and we will offer global warming, been speeding up and we will offer globalwarming, it been speeding up and we will offer global warming, it does click the speed—up has been steady for the last 50 years. if you extrapolate that, you discover by the end of the decade we will actually will have to remove a second at some point which has never been done before. what remove a second at some point which has never been done before. what are the real-life — has never been done before. what are the real-life consequences _ has never been done before. what are the real-life consequences of- has never been done before. what are the real-life consequences of the - the real—life consequences of the that people might experience as a result? ~ .,, that people might experience as a result? ~ , .,, ., result? most people will not exoerience _ result? most people will not experience much. _ result? most people will not experience much. the - result? most people will not experience much. the issue| result? most people will not i experience much. the issue is result? most people will not - experience much. the issue is now we are in a very interconnected world.
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timing accuracy is very important, the stock trades have to be timed to the stock trades have to be timed to the nearest thousandth of a second. so when this happens you want to make sure all of the computers do exactly the same thing or else it is like the light savings when you forget and it is not synchronised. the concern is that will not happen. so in particular in doing something we've never done before so there is a considerable pressure in the timekeeping community to try to make the length between what the earth is doing and the time we use less tight so that it does not have to be the nearest second and we don't have to make these adjustments very often. thank you for helping us understand that. for any footballer, playing for your country can be life—changing. but that's especially true for those involved in the homeless world cup. the tournament, in south korea this september, involves 70 countries,
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with players who've all, at one time or another, been homeless. a film inspired by the tournament, starring the actor bill nighy, has just been released, as yasmin rufo reports. that's him. he's the one i told you about. the beautiful game, a film about the homeless world cup — a global tournament for players who've all experienced living rough, starring bill nighy. come on bleep! ..and here he is with the real england team, offering a few words of gentle encouragement. the film is about something i didn't know anything about, which is called the homeless world cup and i... you're allowed to laugh. i play the england coach. you're about to represent your country, so... ..officially supplied by the fa itself, so when you put on this shirt, you're putting on the history of the beautiful game. the thing that makes the homeless world cup
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so effective is that you can... you know, young men, for instance, and young women will be attracted because it's about football. people like courtney. well done, courtney! let's go. ..who's had more than his fair share of ups and downs. playing football, coming here, i forget about everything in life. i just want to have fun. don't really think about stuff, so what i could say is it's helped and it's helped to try to avoid all the homelessness because i'm out here keeping fit. so, if i'm out here doing something, i'm not at home doing stuff that i'm not meant to be doing. if you enjoy football, come have a kickabout and they'll put a smile on your face, that's all i can really say about that. and courtney is just one of the 500 people that is hoping to go to south korea in september to participate in the homeless world cup. and this was also a moment for bill to meet the real england manager, frankie, whose job as coach is about more than just tactics and training. it's not just always about football. we deliver, like, 30% of football.
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we do, like, 70% of off—pitch support because some of them, they need to access education, access to different services. we represent england and we would like to bring the trophy, bring it home. the beautiful game, a celebration of how football really can change lives. look at that, boys. look at all these cameras. yasmin rufo, bbc news. in the uk, king charles has spoken of his great sadness at missing the annual royal maundy thursday service. instead he sent a recorded message in which he spoke of the importance of "extending the hand of friendship" especially in times of need. queen camilla, taking the king's place at the event in worcester cathedral, handed out the traditional "maundy money" on his behalf. phil mackie reports. cheering. more than 1,000 people braved the cold to greet the queen today. many had been waiting hours to grab the best spots and express their support at a difficult time.
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the news about the cancer treatment that both the king and princess catherine are receiving is very much on the minds of the people who've turned up to see the queen today. i think it's important to show our support for the crown, particularly in these difficult times. and they're stoic and they are true to their country, they're true to their people, and we need to be true to them. inside the cathedral, the congregation was played a recorded message from the king. in this country, we are blessed by all the different services that exist for our welfare. we need and benefit greatly from those who extend the hand of friendship to us, especially in a time of need. welcome to saint barnabas. john has devoted his life to the church and to service in his parish of st barnabas. he was among the 150 people who were given maundy money today. just an enormous sense of honour.
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i never expected anythingl like that to happen to me. so what are you going to do with the money? keep it. keep it and show it off. the queen rewarded the worcester crowds with a walkabout. on sunday, the king will appear in public for the first time since his diagnosis. phil mackie, bbc news, worcester. italy's prime minister, giorgia meloni, is in lebanon to meet her counterpart — lebanese prime minister, najib mikati. he was waiting on the tarmac at beiruit airport for her, but there was a faux pas. let�* s take a look. mr mikati thought he was greeting giorgia meloni, but he instead greeted her personal assistant, with a kiss on each cheek. as he apparently thought she was the italian prime minister! he was quickly told that it in fact wasn't giorgia meloni. but this here, walking down the steps of the plane, is italy's prime minister, giorgia meloni.
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looks like he was second time lucky and the faux pas was glossed over. now if you're celebrating easter this weekend you might be giving family or friends an easter egg. and there was much easter cheer on offer at this zoo in chile as some of the animals enjoyed easter eggs of their own. the lemurs even had an easter egg hunt before tucking into their specially prepared eggs which weren't chocolate but more savoury with meat, cereals and peanuts. other animals at the zoo who enjoyed their easter treats were the lions and orangutans. that's all for now — stay with bbc news. hello there. well, with british summertime just around the corner,
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thursday was a stark reminder of just how fickle british weather can be. yes, we had some snow, some of it settling for a time in northern ireland on thursday. it was a wild day, wet and windy for many as well. and in fact in wiltshire we had over 40 millimetres of rain in a 24 hour period. now it's all due to low pressure that's anchored itself to the south—west and that low is still going to be with us during the day on friday. the showers, hopefully few and further between in comparison to thursday's weather. and we'll start off on a relatively quiet note for good friday with a few scattered showers around, but they'll become more widespread as we go through the day, drifting their way steadily north into the afternoon. so some of the showers could still be quite potent from time to time. the winds quite blustery, but with a little more sunshine, a little more warmth, 9 to 14 degrees celsius our overall high. move out of good friday
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into the start of the weekend and it looks likely that saturday and sunday will continue to be a little bit quieter. the low just shifts further away, the isobars open up, the winds will fall light. we'll need to keep an eye on this frontal system, which could bring some rain towards kent and perhaps suffolk, first thing on saturday morning and maybe a little more cloud. but generally, it will be a quieter day with more sunshine coming through, showers more isolated. there will be some moving through scotland and maybe a longer spell of rain across the channel isles and down through south—west england by the end of the afternoon. but temperatures in the sunshine, 15 degrees celsuis — a pleasant day for many on saturday. easter sunday continues with that quieter story, perhaps more frequent showers out to the west on sunday. but on the whole, there will be some drier weather from time to time with some sunshine and again, some warmth with temperatures around 13 to 15 degrees quite widely. so as we move into monday, though, easter monday, we could see a change to something a little bit more unsettled once again, with low pressure never too far away. and we will see some
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spells of wetter weather, particularly across central and southern england. so looking further ahead from monday onwards, that unsettled theme is set to continue. longer spells of rain never too far away. take care.
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this is bbc news. we'll have the headlines at the top
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of the hour, as newsday continues straight after hardtalk. welcome to hardtalk. i'm stephen sackur and today i am in guyana, south america, a country of some 800,000 people which right now can claim to have the fastest growing economy in the world. the reason — oil, vast reserves of the stuff located offshore. my guest today is guyana's president, irfaan ali. his country's new—found oil riches have stoked tensions with neighbouring venezuela. they've also raised questions about this country's vulnerability to climate change. so is oil really a blessing or a curse?

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