education and in cambridge we cross garrick heilman he is a research fellow at the university of cambridge gentlemen cross-talk rules in effect that means you can jump in anytime you want i always appreciated gary let me go to you first in cambridge explain what is going on with bitcoin i mean i'm of the age and i used to work in finance ike i can remember the dot com bubble and then it's melt down here and not being very well versed in bitcoin what is going on here is this just speculation or is this the new shiny radiant future go ahead in cambridge. i think i think a little bit of both to be honest and certainly we've seen you know some aspects of this story before as you mentioned you know after the dot com bubble exploded in two thousand two thousand and one there were a number of winners that emerged from that area and a number of new companies that were born after that have done quite well you know big has already been declared dead several times in two thousand and eleven wired wrote an article saying the rise and fall of a coin we saw the crash in two thousand and fourteen yet it

how we can regulate big coin so here is the panel for today starting in cambridge with derek holman who is an economic historian at the university of cambridge in the london school of economics on skype from sydney david vaile co convener of the cyberspace law and policy center at the university of new south wales and in berlin your plants are who is among other things the owner of room seventy seven a restaurant and a bar that first accepted bitcoin way back in two thousand and eleven gentlemen welcome nice to have you with us in the interests of transparency i need to start with this we can see you all in vision at the moment hands up if you own bitcoin just in the interest of transparency. so we've got berlin in cambridge with bitcoin and sydney doesn't i just do that and for the record i don't either just in the interests of transparency we think it's important that we do with this for the discussion so derek let's start with you first of all the price i want to deal with the news headlines at the moment this price is what is driving it the fact that as i said over a good number

sandringham along with the duke and duchess of cambridge. large crowds gathered to watch. joining me now from among the crowds at the sandringham estate in norfolk, is our royal correspondent, daniela relph. lots of people there and all i is particularly on meghan markle, of course, this year. yes, that's why those crowds, many have been gathered since 5am, i nowjust leaving and making their way of the sandringham estate now the church service is over. so many of those eyes we re on service is over. so many of those eyes were on meghan markle. a big contingent of americans here wanting to see the american in the midst of the british royal family to see the american in the midst of the british royalfamily now, but meghan markle walked into church arm in arm with her fiance prince meghan markle walked into church arm in arm with herfiance prince harry alongside the duke and duchess of cambridge. all looking pretty relaxed, walked up from the main house. it is a break with protocol, having meghan markle here, because generally royal partners don't get invited to spend christmas here

director of content for the foundation for economic education and in cambridge we cross a character heilman he is a research fellow at the university of cambridge all right gentlemen crosstalk rules in effect that means you can jump in anytime you want i always appreciated gary let me go to you first in cambridge explain what is going on with bitcoin i mean i'm of the age and i used to work in finance.

madison park in particular were just high school here in boston. i guess cambridge now, the vocational high schools across the river in boston and ultimately underfunding is one thing but do you feel that there is room for internships and apprenticeships for part-time work experience for introduction of vocation into smaller pieces from a younger age because once they are 14 then he will begin to solidify their identity so do you feel that there is a place for this? >> when i started in the late 70s as a middle school teacher we were required to teach career education and we've gotten rid of some of the things that were the most important. for so many kids what they see in their neighborhoods and families is very limited, so i do believe that it is the schools responsibility, not colleges. it's the responsibility to god and, not to shrink the curriculum so thank you for that. are there any other questions >> hello. max smith. what you said about the dose really spoke to me and i also think about as the mindset, growth mindset and working hard and i was wondering how does your book or h

turn to page 6 of the presentation, this displays the model generated by cambridge which i will now scl to discuss in more detail. >> thank you eunice. commissioners, you've seen versions of this pacing model for bothathe private equity program as well as the real assets program. it is based on our tracking of the asset funds that have been performing in that we tracked through years and basically used those patterns of cash flows and nav growth and performance to inform the model. the model has a lot of assumptions. that is something that you should be aware of. in terms of how we use this model and in terms of a tool, it's to help give us directional guidance. the numbers here will most assuredly be wrong in terms of the actual numbers, but directionally, they should be helpful in terms of guiding our pacing. it's also a model that we would suggest recacalibrating and looking at on an annual basis as we get additional information from the program. assuming a 3% pool growth rate which is close to $23 billion, we are suggesting a fairly measured commitment pacing on schedule for the

of edinburgh, prince andrew, the duke and duchess of cambridge, the first time we saw her in that context. it was probably never looking for her to some degree. ishii has a great deal of composure and seems incredibly at ease, she is very comfortable talking to people and that public side of her life now which she will have to embrace as prince harry's wife. she seems to dig into it rather quickly and naturally. she is of course an actress by trade, so she's used to the scrutiny and being in the public but this is clearly at a completely different level to what she is used to and yet she seems to have taken to it with great ease. and for the other royals and maybe the duchess of cambridge in particular, who are always in the spotlight on these occasions, maybe it's a refreshing change as it is now somebody else's turn. i'm sure it is and especially at the duchess of cambridge is pregnant, due to have her third baby in april, she's got plenty to keep herself busy and i suspect there may be is a bit of relief on her part that some of the spotlight has moved across to meghan markle.

madison park in particular which is the vocational high school here in boston. i am in cambridge now. the vocational high school across the river in boston and ultimately, underfunding is one thing. but, do you feel that there is room for internships or apprenticeships for part-time work experience for introduction of vocational education in smaller pieces to students from a younger age? because was there 14 most of them have already begun to solidify their identities. do you feel there is a place for vocational education and younger kids? >> interestingly when i started in the 70s, as a middle school teacher we were required to teach career education. we also had woodworking. we have got rid of some of the things that were most important. all of my sixth, seventh and eighth graders had to do internships in the late 70s. cambridge as a matter of fact, used to have a problem where many eighth-graders also did internships. weeklong internships. i do not think these are new ideas. not to say i'm so smart i have this figured out. i write about this to say come on! we have to bring some o

mean dollar is backed by fundamentally not nothing ok let me go back to cambridge carol i mean there's a lot of people are saying that. large investors are getting involved in trysted in bitcoin is that distorting the price because they have the deep pockets that this price level to get into the market is there something behind that there that you know that because i having been in finance i mean this is this is speculation ok i mean that people are not buying on facts or buying on speculation right now go ahead in cambridge. right i think certainly the hedge funds the big whales that are coming in the billion the billionaires we read about you know are certainly influencing the price direction but i think there's still a lot of money on the sidelines i was at a hedge fund conference recently and less than twenty percent of of the funds in the room there are some pretty big funds in the room have taken a step into this space and i think the ones that have a lot of them have done so as individuals rather than putting their funds in because you know it's still very difficult to short yep

well and you mentioned madison park in particular in boston. i'm in cambridge now. .... vocational high schools across the river in boston and ultimately underfunding is one thing but do you feel that there is room for internships and apprenticeships for part-time work experience for introduction of vocation into smaller pieces from a younger age because once they are 14 then he will begin to solidify their identity so do you feel that th students have begun to solidify their identity. do you feel there is a place for vocational identity? >> whenn i started in the late 70s as a middle-school teacher, we were required to teach middle-school education. we also had woodworking. we got rid of the things that were the most important and all my six to eighth graders had to do internship in the study program or many eighth-graders also did internships, weeklong internships. i don't think these are new ideas. i don't write about it to say i'm so smart i can figure it out. i've read about it to say come on, we've got to bring this great stuff back that we did in the past. it is critical in

, the duke and duchess of cambridge, prince harry and meghan markle. karen never dreamt that you would scoop this. a picture that may go down in history, now helped pay her daughter's

foundation for economic education and in cambridge we cross to garrick hileman he is a research fellow at the university of cambridge all right gentlemen crosstalk rules in effect that means you can jump in anytime you want i always appreciated gary let me go to you first in cambridge explain what is going on with bitcoin i mean i'm of the age and i used to work in finance ike i can remember the dot com bubble and then it's melt down here and not being very well versed in bitcoin what is going on here is this just speculation or is this the new shiny radiant future go ahead in cambridge. i think i think a little bit of both to be honest and certainly we've seen you know some aspects of this story before as you mentioned you know after the dot com bubble exploded in two thousand two thousand and one there were a number of winners that emerged from that area and a number of new companies that were born after that have done quite well you know big coin has already been declared dead several times in two thousand and eleven wired wrote an article saying the rise and fall of we saw the crash i

duchess of cambridge and prince harryjoined duke and duchess of cambridge and prince harry joined members duke and duchess of cambridge and prince harryjoined members of the emergency services and relatives of those who were killed. the message from the service was one of hope, but that proved to be short lived. in manchester, just a few weeks later, 22 people, including children, were killed and many more injured as they left a concert by the pop singer ariana grande. you had enjoyed the concert? it was really good. they got to meet before the concert. e.g.? she won a competition with her friend to meet backstage. the queen met some of those recovering in the city's children's hospital. it is very interesting how everybody has united here? it has been amazing. really amazing. good. no one should have to suffer the losses you have enjoyed yet know one could have ensured them with greater fortitude. even amid the unimaginable horror of that attack, with the killing of innocent children, we saw outstanding examples of the incredible courage. earlyjune and nell and all—too—famili

government is up to. amy: noam chomsky for the hour in a public conversation i had with him in cambridge, massachusetts. all of that and more, coming up. this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman. in this democracy now! special, we spend the hour with the world-renowned linguist and political dissident noam chomsky. in a public conversation we had in april, we talked about climate change, nuclear weapons, north korea, iran, the war in syria, and the trump administration's threat to prosecute wikileaks founder julian assange. we also talked about noam chomsky's new book, "requiem for the american dream: the 10 principles of concentration of wealth & power." hundreds of people packed into the first parish church in cambridge, massachusetts, for our public conversation. i wanted to ask you about this comment that you made that the republican party, you said, is the most dangerous organization in world history. can you explain? >> i also said that it's an extremely outrageous statement. but the question is whether it's true. i mean, has there ever be

descend that line cambridge to virginia you have steady snow. it's been sticking. we had reports of two plus inches in st. mary country. that's why through tomorrow. temperatures are very marginal out there. 7 d.c. 34 gaithersburg and you see we're hitting freezing norm and west and we have freezing greetings towards leonardtown, cambridge. they've been there all day. it will be above freeze when it starts snowing overnight to washington. planning forecast tomorrow you wake up to snow. heviest 34eud morning through the lunch hour and tapers off in the afternoon mid flurries through the evening. the highest will be concentrated south and east of 95. that 4 to 6" band up includes cambridge and leonardtown maryland and back to fredericksburg and you have a little less, 2 to 4" of accumulation along 95. wet, slushy snow that mainly accumulates on grassy surfaces and let's north and wet and dusting to 2". there i'll walk you through fox future cast once we get later in the show. we'll show you how the latest timing is tomorrow. tony why, back over to you. >> thank you very much. we conti

puzzled by why the duchess of cambridge, what is the duchess of cambridge, what is the new look? she looks exactly the same as before. you haven't been paying attention. that's it for the papers tonight. don't forget you can see the front pages of the papers online on the bbc news website. pages of the papers online it's all there for you — seven days a week at bbc.co.uk/papers, and if you miss the programme any evening, you can watch it later on bbc iplayer. thank you, john rentoul and lucy fisher. goodbye. the last few hours has seen for developing more widely across england and wales and becoming denser, too. nothing to shift things, high pressure dominating for much of england and wales, not much wind but some moisture towards the north—west. we are going to find stronger winds which will blow when more cloud to northern ireland and scotland, keeping temperatures up. some close working into the far north of england, west wales and the south—west. we have got temperatures close to freezing through east wales, across the midlands towards the south—east and we are going to f

education and in cambridge we cross to garrick hileman he is a research fellow at the university of cambridge gentlemen cross-talk rules in effect that means you can jump in anytime you want i always appreciated gary let me go to you first in cambridge explain what is going on with bitcoin i mean i'm of the age and i used to work in finance ike i can remember the dot com bubble and then it's melt down here and not being very well versed in bitcoin what is going on here is this just speculation or is this the new shiny radiant future go ahead in cambridge. i think i think a little bit of both to be honest and certainly we've seen you know some aspects of this story before as you mentioned you know after the dot com bubble exploded in two thousand two thousand and one there were a number of winners that emerged from that area and a number of new companies that were born after that have done quite well you know big has already been declared dead several times in two thousand and eleven wired wrote an article saying the rise and fall of we saw the crash in two thousand and fourteen yet

be an issue at least initially, for some areas toward our south and east. but it is 32 gr cambridge, leonardtown, 39 here in washington where it is still well above freezing. winter weather advisories out along 95, those are winter storm warnings in pink, down toward our south and east, where we will see the highest snow accumulations. so, through tonight, developing storm system off shore, will bring the first flakes of the season for tomorrow morning, through tomorrow afternoon. it will be a wet, slushy couple every inches along 95 here in d.c. which may, in fact, break a daily snowfall record for washington. four to 6 inches with localized heavier amounts not out of the question south and east, from dover, delaware, down through virginia. so that's the way it looks, as gee into tonight, and saturday. i will have more on this obviously your full seven day forecast still ahead, at about 6:15. but first, i want to go live out to matt ackland in bethesda maryland. and he's been out there looking at the way the city prepping for our first snow. matt, it is coming early this year, and

overnight. and temperatures colder where it is snowing. leonardtown, cambridge. marginal in washington, 37, just above freezing in areas norm and west which could behinder snow from initially sticking to roadways. which is okay. we don't want it to stick to roadways. it will be nice and snowy and kind of festive tomorrow with snow beginning in the lirl morning hours accumulating from mid-morning to mid afternoon. tapering off to flurries by late evening. here's what we expect with snowfall accumulations. to 4" on side roadways for tomorrow along 95. dusting to inch or two along 81. 4 to 6" locally and stretch from cambridge to leonard taken to towards fred fredericksburg virginia. that's how it looks now your sarah. >> i'm sorry not sarah, korey. we're going to you who has been live in california, maryland this evening and she's where it is snow ago and has been snowing. korey we're happy you're able to snow us images of the snowfall this evening. what you can tell us now. >> we've about checking out roadways because it's been on and off in extreme part of st. mary country.

planning to open a second dispensary in harvard square in cambridge. carol: and everybody's ok with it, right? >> the state of massachusetts voted to legalize recreational marijuana last november. so by all accounts, people are all for it. this is specifically a medical one. the city of cambridge, different municipalities can decide whether they want cannabis businesses active in the town and cambridge voted that they were ok with it. and the city council voted in favor of the location. julia: healthy farms, sounds like a lovely name for a company. neighbors are feeling so healthy about this, and now healthy farms has a lawsuit. talk to us about that. jenny: correct. one neighbor in particular, he is the controlling partner of four different buildings in harvard square. he is suing healthy farms and 18 other plaintiffs, saying they are taking part in a racketeering operation because they are all coming together in order to create a situation in which they can sell marijuana, which is a federally illegal drug. he is suing under rico, a racketeering law. you can sue three times what it i

, if you think about what he and his brother, the duke of cambridge, have said about the media attention, that was focused on their late mother, do you think he will be concerned about the attention now being focused on his future wife? they will probably be a bit of concern but we talked about this time and time again. she is a media person. she's an actor. she's dealt with the media, had a blog. she's been a self publicist. she knows what it's all about and knows when to go out and meet the media and knows when to draw back. the media here in this country, they know how far they can go. step over the line and they're likely to get cold shouldered out of anything. another step —— never stepped over the line. you have to deal with paparazzi as and when. there is still a balance, despite what you said and the fact she is comfortable with the media, there is a balance to be achieved between that and their private life. there is a balance and i think most people and most people in the media have got used to the idea of how william and harry deal with the media. they're not con

, including the prince of wales and the duke and duchess of cambridge. of course, led by the queen and the duke of edinburgh. i think you are going to find that the person that many people here today want to see is meghan markle, prince harry's fiance. she will be here for the first time. a slight break with royal protocol. normally, you have to be married before you get invited to christmas at sandringham, but an exception has been made for meghan markle this year, and she will be here. a bit earlier, i talked to people here. a lot of them are americans who live locally, who say that they want to see meghan. very excited to see meghan, of course, and curious as well. it'sjust been a tradition, really. this is my fourth year here, so. what about meghan markle today? oh, yes, that will be special, won't it? are you looking forward to seeing her? oh, yes! definitely! do you think she will be a good addition to the royal family? yes, i'm sure she will. they look lovely together. this is my first time coming here, i'm very excited to see the queen, the duke and duchess, the prince. thi

that mueller was seeking e-mails from cambridge analytica. the person who presided over the joint operation was none other than jared kushner, of course the president's son-in-law, already in mueller's cross hairs for having contact with the russian nationals. a day after a sitting congressman demanded it -- >> if there is buy in there, what are you going to do about it? demand a special counsel? some type of option? what's the options? >> i think potentially all of the above. if there was an abuse of power that's criminal in nature, that would obviously cry out for a special counsel. there needs to be a major overhaul i think of some of the senior leadership. >> michael is the chief investigative correspondent. a bunch of things to go through. what i want to start with is cobb and dowd aren't just expecting the investigation to wrap up but are actively pressing about that. what did you learn about it? >> well, look, they have met with mueller and his team and they have at the same time been assuring the president, insofar as the probe in the white house is winding down. that may

church arm and arm with him, chatting to the duke and duchess of cambridge alongside her. she looked incredibly at ease under what is quite a lot of scrutiny, especially on a day like today. this is the first time we have actually seen her in public with the wider royal family, alongside the queen, the prince of wales, the duke of edinburgh. it was the first time we had seen her in that context, and it was a break withdrawal protocol, because normally partners of members of the royal family don't get the invitation here to sandringham until they are married. but this year, an exception was made for meghan markle, i think largely because her immediate family is based in the united states. prince harry asked the queen, and she was allowed to take part in the full traditional royal festival to see on the sandringham estate. daniela relph reporting from sandringham. christmas celebrations in bethlehem have been quieter than usual after the violence which followed president trump's decision to move the us embassy tojerusalem. in rome, pope francis called for an end to the suffering

studied at cambridge where he studied economics and history, a great foundation for writing this very fine book reagan let me just tell you what a couple of our noted friends have said about his new book "green tyranny". michael barone is a friend to all of us here at the heritage and well-known across our country said rupert darwall has written a definitive and clear eyed history of global warming alarmists. its success at listing western elites in its cause, wow. very, very important. morton drudge said rupert darwall has told the story of frauds and fools thoroughly and well. the proof may be inconvenient to some. and finally let me say that charles moore from the daily telegraph road rupert darwall is a wonderfully lucid historian of intellectual and political movements which is just the job to explain what has been inflicted on us over the past 30 years or so in the name of saving the planet. many very fine people have read this book are recommending it to all of us. we are very fortunate here at the heritage foundation to have the author, and talk to us a little bit about h

former irish cabinet minister connell anyhow and he joins us today from cambridge in the u.k. good to have you all with us if i could start with conor so this is a breakthrough that means that doomsday scenario connor that we've all been worrying about well it now doesn't look very likely would you agree with that sort of statement. absolutely i think what's happened today is genuinely historic it means that the uncertainty that would have been caused by britain crashing out of the european union next march without any kind of agreement in place that would have been very damaging to our land and indeed the relationships that have grown up between london and dublin over the last twenty years next year we marked the twentieth anniversary of the good friday agreement a breakthrough agreement that provided peace and stability on the island of violent and also in the relationships between dublin and london so it is good news and hopefully time and space will be available now for the british government to negotiate a free trade deal with the european union if in fact there is a free trad

cambridge forum thank you for joining us for what promises to be a timely and somewhat edgy discussion about trust. huge ramifications in today's complex technological world, the subject of today's forum, and the latest book on the subject. the director of cambridge forum, please to have rachel as our guest speaker tonight on the last stop of her 9 week tour which begs the question of why is trust such a hot topic around the world at this point? it is a time when confidence in institutions and governments is at an all-time low but when there has been a surge in the growth of shared economy companies like air b&b and uber, statistics show we are shifting trust away from institution, and in areas of diversity, and hiring nannies. and transforming trust and exploring the implications for our decisionmaking in life, work and business. and in oxford. she divides her life and lives with her husband and two children and london. we welcome rachel botsman. [applause] >> thank you. good evening, every one. thank you for coming. it is the custom of the holidays, it is lovely to come back to harva

, the duke and duchess of cambridge, and prince harry. st paul's have consulted with the bishop of kensington, the al manaar mosque, local clergy of different faiths, survivors, the bereaved and the wider community, on the arrangements for this morning. the leader of the local council, conservative—run kensington and chelsea, has been asked by families to stay away. today on the programme, we're going to remember some of those who died. and we're going to talk to survivors, which we've done regularly on our programme sincejune14th. let me introduce you to paul, who lived on the sixth floor of grenfell tower he has chosen to give his first interview to us will stop and to bishop graham tomlin. good morning to both of you. thank you for talking to us. paul, tell us what the day means to you. the day, it is more for the bereaved than anyone else. the people who lost their lives in the fire, it is remembering that their lives were not obviously, they did not die for anything. it is about remembering the people, my neighbours got my family, people i used to help. things like helping t

about to search the vehicle. but the driver has other ideas. it's going to be in front of cambridge... whoa, whoa! he is hurtled along at high speed. down. for the officer, this unexpected ride is only ending one way. is still recording. you are a hero! awesome. footage on facebook. the officer somehow unharmed. when i got there i saw heroin and syringes... these dangerous drivers... we got the camera. good job. all captured on camera. wow! long to hit the american territory in the best part of a century. in the best part of a century. rico are coping with their first christmas in the kit. this couple are celebrating the best way they can. way they can. without electricity this christmas will be hard. this christmas will be hard. power, even three months after the hurricane we have no light. hurricane we have no light. living off the generator and making do with battery—powered decorations. do with battery—powered decorations. family—oriented and we like to celebrate everything. celebrate everything. this high school in the south—western city of jalco. south—western city o

cambridge the ritz there was a kind of. had departed cologne with the side rooted to the bottom of the bundesliga having finished an impressive fifth and reached europe last season after top school. or anthony left for china and wasn't replaced their campaign nose dived with injuries also not helping. the sporting director and coach paid the price and relegation now back. in contrast second place child be one of the positive surprises in the first half of the season thirty two year old coach to many go to tesco has found the perfect mix there's been no magical football just hard work and a huge team spirit as shown by their incredible four all draw at darby rivals dortmund having been down for now. the big talking point this term has been the video review trial rather than limit controversy the system has caused more confusion with the rules over its use unclear referees are in the spotlight more than ever. using video evidence is correct in their view but the way we have implemented it has been a catastrophe both internally and externally and that's what will surely hit the buffers if

. it's going to be in front of cambridge... whoa, whoa! he is hurtled along at high speed. down. one way. is still recording. you're a hero! awesome. footage on facebook. the officer somehow unharmed. when i got there i saw heroin and syringes... these dangerous drivers... we got the camera. good job. all captured on camera. this session of congress in peru has been going on for 12 hours. been going on for 12 hours. avoided being impeached over allegations of corruption. allegations of corruption. bribes from b brazilian construction giant adobrecht. giant adobrecht. accused congress, controlled by the opposition, of mounting a coup. opposition, of mounting a coup. understand he has escaped impeachment. much more news on the website. hi there. and christmas day. much the same. and much of scotland too. of light rain and drizzle. for some of us, it will be a damp start to the day. but look at these temperatures. 10 degrees across wales and southwest england. very mild here. and there could be some dense patches of fog around as well. of the morning. away from england and wales. left w