>> randall joins us live from washington, and randall, i've been looking at the markets all morning, and the markets at this hour are up close to 200 points. 190 points, and it seems the talk of the deal may actually be the real deal. and what are you hearing in wash where? >> the same thing. obviously the financial markets are looking for a way out of

this impasse, and all of the developers in the past 24-48 hours suggest that there's at least going to be a solution to the debt ceiling. not the government shut down, but at least raising the nation's debt him so the nation can continue to pay its bills once the middle of the month comes along and the nation reaches that ceiling. >> the united states should not be put in such a position to make such perilous decisions for the economy and our citizens. s this no way to know the damage that it could have on the markets. >> this morning, trying to again warn of the consequences of failing to reach the debt ceiling. and there's talk around washington in recent days, just because washington reached that point doesn't mean that the nation would go into that default.

secretary jack lu said that there's no reason to take that chance. it's territory that has never been traded before. and there would be serious consequences at home and around the nation. >> the fact that speaker boehner is going to be holding this news conference, does that mean that the republicans blinked? >> we're going to see exactly what the speaker is going to propose. until today, he insisted that any raising of the debt ceiling by the house of representatives would have to be bined by action on reducing the nation's debt. doing something about long-term deficit financing. the president has said that he wants a clean debt ceiling raise. so we think that speaker boehner is trying to sell members of his caucus on the debt ceiling, and not opening the government until something is added to it, by the

affordable care act or other budgetary measures. >> and randall, it appears that the affordable care act, all of that may not be a thing of the pastas the news conference is being set up. >> we're hearing the hardliners talking about at least needing to amend the affordable care act, but not so much in terms of tying it to the reopening of government or the debt ceiling. so right now, what we're doing this morning, what we expect speak iser boehner to do, republicans are ready to approve a short-term raising of the debt ceiling, to the end of september. and president obama opened that window the other day, turning from the democrats who wanted a long-term debt ceiling deal. and president obama said if we can just get through the next few weeks and continue negotiation was republicans on some of the fiscal issues that have been at the heart of some

of his impasse for the last several weeks. >> and randall, we want to take our viewers live to capitol hill. and i want to show them once again for reminder that something is afloat in washington. the numbers on the stock market, we should point out that the members of the market write an awful lot of checks to an awful lot of webs of congress, and it has been said before, what happens on wall street is what is happening in congress. >> follow the money, and a lot of it comes from the wealthy, who help to fund political campaigns, but more to how this whole financial discombobulation affects people, treasurer secretary, jack lew says look at the markets and what it's going to do a to the world. but individuals, if the nation

is not able to pay its bills and obligations. >> thank you. and as we continue it watch the situation in washington. as speaker boehner speaks, we'll take that news conference to you live. but meanwhile, with the debt ceiling looming closer, the world is watching nervously from the sidelines. christina, from the international monetary fund, had this to say earlier. >> i want to say this, there would be very very negative consequences for the u.s. economy, and there would be very negative consequences outside of the u.s. economy. if that matter was not resolved, we're likely to see volatility and consequences on the rest of the world. >> the issue of the debt ceiling has taken precedence in the shut down in last days. and members of both sides of the

aisle are trying to get the talks moving in a more positive direction, and if there's a direction, it has already been reached. wall street likes what's happening in washington right now, the stocks right now, at 179, just about 15 minutes ago, they had topped 200 points, which was quite a swing, based on what was happening in the last 48 hours, and they're holding onto a strong gain, and breaking through the stalemate. washington wanting it to happen because as they indicated, this is not a time to play with the good faith and credit of the u.s. we want to go back to randall pinkston, and i understand that the white house has reacted to what is or may be a deal in the works. >> yes, the white house has gotten the memo, a deal from the white house, reacting to a short-term extension. this is what the white house is saying. the president has made clear

that he will not pay a ransom for congress doing its job and paying our bills, and take the threat of default off the table for as long as possible, and that's why he supports the senate democrat's raising for a year with no political strings attached. but what we're hearing about today, dale, is not a year extension, but several weeks or months to allow negotiations to continue over a long-term, so-called grand bargain. >> and randall, when the window was opened a couple of days ago when president obama was speaking to reporters, there were some that said that he might have undermined the efforts of the senate who wanted a longer term deal. so who won or lost, is that a safe assessment of what we can see? >> we're already seeing the democratic leaders rallying

around the president, and they're not raising public objections to the president's willingness to set the short-term deal. the critical question is whether the debt ceiling can be raised before the nation runs out of money. and apparently, if in fact speaker boehner comes back with a clean debt ceiling raise, that problem at least will be off the table. but not the government shutdown. that still remains in effect, and we don't know what kind of negotiations there will be. >> if the viewers think that we're tap dancing, it's because we are, we're watching the scene in washington, and we're wondering exactly what speaker boehner will say when he takes to the microphones, and we will go to the microphones as soon as he gets there, but obviously that's not happening when we thought it was going to happen. elsewhere, libya's prime minister has appeared for the first time after his unusual abduction, hours after he was taken from his home in tripoli.

he was abducted by the libyan operations chamber. it operates under the libyan military. and it's one of several groups that were angered by the capture of an al qaeda group. he was arrested in a raid in tripoli. al-liby was wanted for bombings in tanzania that left 220 people dead family. >> egypt is talking about thestition to suspend ate. it comes three months after the military overthrew mohamed morsy. money will be held back, and the u.s. has been providing $1.5 billion in aid each and every year. >> reporter: from the moment the egyptian military threw mohamed morsy out of office, there was a response.

but cracking down, military aid until they return to a democratic path. what's frozen in fighter jets, tanks, apache helicopters, missiles, $260 million in cash aid. and $300 million in -- washington has done this before. not giving aid to a key military ally. counter terrorism and boarder security. [ audio difficulties ] and peace-keeping in the sinai. administration officials say they're committed to helping maintain peace in the sinai,

peace with israel. they also believe the hold on military aid won't weaken

communism destroyed my family. >> they are part of us, and we're part of them. and we need to focus on bridging the gap. >> that's why this year, both

daughters went to cuba and convinced their father to come along. for the first time in 43 years, javier breathed the air of his homeland. >> they want to see, you know. >> in many respects, in the community, the cuban research institute has been tracking for 23 years. >> gone are the days that the americans supported the isolationism, the bedrock of american policy. there's almost an even split when it comes to the embargo and reestablishing diplomatic relations with cuba. >> i consider the embargo as a training tool in negotiations, i have not seen yet where the cuban regime has taken the position to accept the termination of the embargo and giving some benefit to the cuban people.

>> even with the split, jorge stresses that it's likely cuban-americans will continue to elect politicians who tow the traditional line on cuban policy against even their own beliefs. >> most of the cuban-americans will arrive in 1994 are not u.s. citizens and don't have the right to vote. to some extent, i think, the current political elite in the cuban-american community largely support cuban exiles, who are more conservative. >> they have moved past the debate. they have been volunteering for an organization that helps cubans through the rest of the world through cellphone and digital media. >> my sister and i and our generation have a lot more hope and are excited for cuba. >> through the eyes of her daughters, hoping that she and

other exiles will return to a free cuba. aljazeera, miami. >> we continue to watch the situation as it unfolds in washington, over the deal of the debt ceiling, and speaker boehner is expected to come out any moment. but in the meantime it impacts people in the country big and small. and it's especially being felt hard in the farm belt. >> reporter: in central georgia, hundreds of miles from the politics of washington, he is tending to his farm and worrying about the gridlock in the nation's capital. >> they can't come to a common ground, and that's what's frustrating >> reporter: he farms wheat and soy beans, and cows on the ravage. he rise on daily reports from the department of agriculture to keep his farm economically viable. but now when he goes to the

website, at the sees this. >> it has affected us because utilize that organization to make plans for our crops that we're going to plant for the next year. >> and there are many farmers that are awaiting checks from the department of agriculture, but the issue is, the department of agriculture is closed because of the shutdown, and that's a big problem for a lot of them looking for funds to finance their future. since local farm service offices have been shutred, farmers cannot apply for new loans, sign up for acreages or receive government checks for programs that they're enrolled in. last year, georgia farmers gat $150 million in federal subsidies, a point not lost on the president tuesday, when he blamed republicans. >> you have farmers, and the

republican party says that it looks after farmers, and i happen to disagree. >> reporter: here, farm hand rodney is looking to plant next week, but he's blind on how much to put in the ground. he thinks that the folks in washington just don't get it. >> it's very simple. >> when you're trying to plant a crop, we're not just competing with our neighbors in agriculture. we have to compete with farmers worldwide. >> as gallaway's winter hay grows, so does his anger over the impasse. with compromise as close as winter dreams, he's giving congress until next week before he calls him with an ear full. >> by the way, the crop affects commodity prices around the

world. and food and agriculture programs will likely be more dire. and on that note, the number of americans filing jobless claims jumped last week. they increased by 66,000, much higher than expected. reflecting the impact of the government shutdown as private contractors who work with the government are cutting back on their employees. the increase comes as a back log of claims are being processed in california. still ahead, watching and waiting in washington, and watching the reaction on wall street. we're awaiting word from house speaker, john boehner, that a deal may have been struck to avert the debt ceiling, and wall street reacting kindly, suggesting that there might be something to this one this time. we'll be right back.

>> welcome back to aljazeera america, and is we're going to take you quickly to capitol hill. that's where joh john boehner hs stepped into the room and announced that some type of deal has been reached down this, a strong indicator that there's a deal in the works, wall street, dow up 186 points, and a precursor to the debt crisis being averted. and many of the ceos on wall

street going over the debt ceiling, affecting the correct of the u.s.ful. >> the government shut down, and just today, the president has invited the house republicans to have a discussion. we're hopeful. we're hopeful that this is the beginning of a meaningful dialogue with the president on important issues that face this country. we're hopeful that these will be good faith negotiations over the long-term debt

>> so what we wanted to do is talk offer the president today the ability to move.

a temporary increase in the debt ceiling in agreement to go to conference on the budget, with his willingness to sit down and discuss with us a way for us to reopen the government and to start its time for leadership. it's time for these negotiations and this conference to begin. and i would hope that the president will look at this as an opportunity, and a good faith effort on our part to move halfway, halfway and order that these conversations begin. >> the american people expect

both sides to sit down and work out their differences when you're operating in a divided government. i'm pleased today that we have an invitation from the white house to actually do this. and we have seen now for ten days, the government shutdown. it's not what we asked for. it is what was the result of the two parties not being able to sit down and talk. we cannot waste any more time. [ audio difficulties ] what we have discussed is a

temporary extension of the debt ceiling.