good for him. thanks so much for watching. i'm poppy harlow. "around the world" starts right "around the world" starts right now. -- captions by vitac -- www.vitac.com we are 60 hours away from something that hasn't happened before, when the "uss reaches its borrowing limit and could default on its bills. now world leaders have a message for washington, raise the debt ceiling now. also this. >> interest rates on home loans could spike or even worse, we cos see another credit squeeze making it much harder to borrow. >> racing for default with thursday's deadline could mean for home buyers. investors and the global markets. >> welcome, everyone. welcome to "around the world." i'm hala gorani. >> i'm michael holmes.

thanks for your company today. i want to bring you news we just got in from white house officials saying today at 3:00 p.m., the president and vice president are going to be meeting with the majority leader, reid, minority leader mcconnell, and the speaker boehner and leader pelosi. that's going to happen at 37 p.m. what comes of it, we're not sure. with only a few days to go before that debt ceiling is reached or the -- we trip over into the risk of a default, obviously, a very important meeting. a white house official says that the president is going to reiterate principles to the leaders that "we will not pay a ransom for congress reopening the government and raising the debt limit." >> it's a crucial meeting happening at 3:00 p.m. we'll bring you the latest on that. happening right now on capitol hill not far from the white house, the house of representatives is back in session. they really need to be. it is day 14. you can see it there on your

screen of this government shutdown. >> at the moment, lawmakers still haven't reached a deal to end the shutdown and avoid that even bigger economic calamitity going through into the debt ceiling period on the 17th. that deadline, now three days away, less than 60 hours. it's when the u.s. officially reaches the borrowing limit and in a matter of days could default on bills already racked up. this is not new borrowing. >> two hours from now, the senate is officially back in session. senators have been meeting behind closed doors today. awhile ago, we heard from susan collins working on a bipartisan plan with joe manchin and others. she says things are looking more optimistic. listen. >> we're making progress. we're going to continue to meet throughout the day. and the conversations have been very constructive. >> and are you making any

changes to your proposal? >> we're not going to release any details until we have an agreement. i hope we will have an agreement. we're making progress toward an agreement, but we're not there yet. >> now, we also heard from senator bob corker. >> i think at the end of the day, the culmination needs to be something between mcconnell and reid. i think that all of the side talks that have occurred have helped create an environment for that to happen. i think mitch, i know mitch and harry are talking and i think we're about to get to a place where you know, again, we can move something hopefully off the senate floor that's widely bipartisan. i think it's going to take that to having something move productively on the house side i'd. >> so with all this discussion, will the senate really go for that agreement? and even if they do, what's going to happen when the deal moves to the house.

>> chief congressional correspondent dana bash, we're finally seeing senators it looks like, it appears as though they are making some sort of progress in the stalemate. if you look at it in a certain way, that's good news, quote unquote. there's still many sticking points and it needs whatever agreement comes out of this to go back to the house. >> that's exactly right. let's start with where i'm told the key discussions are right now, which is they are between the democratic leader in the senate, harry reid and the republican leader mitch mcconnell. unclear if they've met face to face yet today or not. my understanding according to sources in both parties is they actually had discussions that were more productive than they were perceived to be over the weekend. and that you know, the issue still is how long would they raise the debt ceilinging for and how long would they fund the government. now, those are not unimportant issues. those are obviously the key issues that they have had problems over. and the line in the sand for the

democratic leader i'm told in these discussions is that he doesn't want to open the government and to fund the government longer than the end of the year. why is that? because what happens in january is a new round of forced spending cuts, across the board spending cuts kick in, meaning we're already in them now and another round is going to happen. democrats do not want that to happen. they're afraid if they fund the government through then, that would lock those spending cuts in place. it's harder to get out of them. i'm also told mitch mcconnell is saying he's driving a hard bargain, as well because he knows conservatives for the most part like the idea they're forcing the government to cut spending. i'm told that is sort of in and around where the discussions are now. we'll see what happens when they go over to the white house. >> dana, you've got a group of senators working on this deal. maybe it will get traction, maybe it won't. you've also got the senate leaders talking. >> exactly right. the senate leaders are talking,

but this group of bipartisan senators, they're important for many reasons, but primarily because if and when the senate is going to vote, they're going to need these senators to help carry the water. they're going to need the kind of senators that are in these rooms meaning moderates on the democratic side and the republican side to sign on to this in order to get the big vote that you heard senator corker discussing just now in the hallway. so right now, if you look up on the screen, this is sort of the -- these are the parameters they're talking about, obviously, funding the government, extending the debt ceiling. senators who came out of the meeting this morning said they're sort of working, they're flexible on those dates which is key to getting a deal. but then they are talking about things that have to do with obama care, delaying a medical device tax that helps pay for obama care and verifying income levels for people who want to get federal subsidies for obama care. those are issues that democrats have said and even the president

has said over and over again in public and private, he doesn't want to discuss changing his signature law until and unless the government is reopened and the debt ceiling is raised. do you have democratic senators in these bipartisan meetings who say we might have to give a little bit, not just to get it through the senate but to get this through the house which we have seen, that is obviously going to be the big challenge. >> right. eventually it will have to get back to the house, as well. thanks very much, dana bash. live on capitol hill. we'll be in touch, of course. >> the uncertainty over the u.s. government possibly defaulting on obligations making a lot of people nervous, especially people who have money invested on wall street. >> although maybe let's not overstate it too much. if you call nervous down 21 points, things have been worse. >> it was down half a percentage point earlier. >> 1%, that's not panic. overall it appears as though wall street is betting on a rlgs to this. they don't believe politicians in washington will be, let's be

honest, insane enough to let the u.s. default on its debt. right now we're seeing the dow jones above 15,000, losing about 22 points. so the question is, how would a default impact people personally? >> that's what's everyone wants to know. alison kosik with answers. >> the u.s. is three days away from the debt ceiling deadline. the possibility of default sparking concern of potential economic turmoil around the world. >> if there was a bomb lifting the debt ceiling, it could we'll be that what is now a recovery would turn into a recession. or even worse. >> here at home, a default could mean a serious hit to your investments. like your 401(k), wall street now waiting on washington to dictate the trades as banks are predicting the s&p 500 could see painful losses as high as 45% if an agreement isn't reached. here in chicago, we've seen the housing market really pick up

here in the last year. and like many.places, that has been helped by low interest rates for people looking for loans. but all of that could change if the government defaults because interest rates on home loans could spike or even worse, we could see another credit squeeze making it much harder to borrow. >> a default also means interest rates for credit cards and student loans wos spike, as well as payments from the government would the dry up. >> washington meet main street. we're outside of a local social security benefits administration office here in washington, d.c. could we be seeing worried recipients of those benefits show up at offices all across the country? roughly 5 million americans rely on benefits but treasury secretary jack lew says if the debt ceiling isn't raised, it could be a problem paying them. >> reporter: the ripples of a default would be far reaching. the global mark place feeling the effects of the weakening dollar. the debt limit sits under $16.7

trillion. >> our systems were not designed to not pay bills. >> despite cries of chaos, some republicans say sounding the alarms is a bit sensational. >> i'd rather have a managed catastrophe now. >> i think this is the 11th time i've been through this discussion about the sky is falling and the earth will erupt. >> more recently the u.s. teetered dangerously close to the deadline in august, 2011 where a deal was struck in the 11th hour. >> well, alison kosik joins us now with more. so you would think as we were mentioning there before your report, alison, that markets would be down more right now. investors not too worried at least as far as the dow is concerned. why not? >> exactly. soviet what seems to be happening is wall street seems to be resigned to the fact a debt deal will come in in the 11th hour. they're kind of used to 11th hour deals. doesn't mean they like it. some traders say as we get closer to the deadline without a

deal, you may see this change where a selloff would stick. look at today's 100-point drop on the dow at the opening bell. that only lasted a short time. one trade sales wall street, it's like a voting booth. at the opening is today, you saw wall street express disappointment. now when you see movement through the you this white house meeting happening at 3:00, you're seeing wall street kind of pare its losses and seeing more optimism on the hope with talk would come a deal. hala. >> thanks very much. she's live on wall street. >> here's more of what we're working for you on this hour on around the world. china, the biggest foreign holder of u.s. debt and with the deadline just days away, look at that, 59 hours, 48 minutes. that country, china, airing some frustrations saying perhaps it's time to consider a deamericanized world. >> plus, she was only 3 when she vanished on vacation with her

parents. now there there are new leads in the madeline mccann investigation. >> and check out this video. scary moments for dozens of people on a bridge they're walking on, it falls into the water. we'll have that will, as well. (vo) you are a business pro. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow. go national. go like a pro.

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welcome back, everyone. you're watching "around the world." so we're reporting that at 3:00 p.m., president obama is going to be meeting with congressional leaders from both parties in an effort to resolve of this big crisis that has led to the government shutdown and just a few days away from the debt ceiling crisis. >> look at that, 59 hours, 44. we'll keep counting it down for you. breeann that keel ser at the white house. what is the message you're hearing the president is going to deliver to the congressional leaders? >> we're still trying to figure that out, michael and hala. we understand there also this meeting the president will have here in a few hours. the question is, is it to push congressional leaders along towards a resolution? might it be to highlight some of the preg that has been made? what we do know is senate

majority leader harry reid and mish mcconnell have been in discussions about trying to find some common ground here in order to reopen the government and increase the debt ceiling. they've been apart as we understand it on some pretty key issues, that being the white house and senate democrats want that debt ceiling increased for as long as possible. but there's kind of a hitch when it comes to reopening the government. if the government is reopened through really or if it's funded through the new year, there's a whole new round of spending cuts. remember, we're already in them, it's called the sequester. there's supposed to be an additional $20 billion in spending cuts that kick in at the new year. democrats are worried if the government is funded into january, that those spending cuts go into effect for the rest of the year. so there's still some things they're wading through here and we're obviously hoping to see if there is some progress fromming this meeting where president obama will be meeting, we understand it, with the vice president as well as mitch

mcconnell and harry reid, the senate democratic leader, nancy pelosi the house minority leader and house speaker john boehner. michael and hala? >> what is the sense among your sources at the white house and those people you speak with at the white house off camera even? is there a real concern we're headed for a debt default right now or is the feeling as it is on wall street, it's a little scary but eventually we'll come to an agreement at the 11th hour? >> i think had ultimately, hala, everyone thinks they will come to an agreement at the 11th hour. why is that? because they have to. that's what people will tell you, they have to. because if they don't, the economic ramifications would be huge. but when it copies sometimes to the progress, it's really unclear. that's why we're sort of hanging on to every little movement to see if there is that progress. there is real concern here that we could move towards a default. over the weekend, things seemed kind of doom and gloom, not a lot of movement.

we saw republican plans rejected in the senate and the house. so i think there is concern, but we're also told these discussions going on between harry reid and mitch mcconnell have been more fruitful than maybe we got the feeling of over the weekend, but really in terms of concrete, is there this agreement, what does it look like, we don't know and that's where the thing that will inspire some confidence that we're not heading to a default. >> we'll see if it's short term or not which is also a big deal, kicking the can down the road. thanks very much, brianna keilar live at the white house. we'll keep our eye on washington with more. but internationally, there's also reaction to this giant mess. >> sure is. china, for example, the biggest holder of u.s. debt, biggest foreign holder much u.s. debt, the country airing frustration talking about, is it time to consider a deamericanized world? the outside world certainly looking in and not liking what they see with the system. [ male announcer ] research suggests cell health

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welcome back everyone.

while congress haggles over raising the country's debt ceiling, the world is starting to chastise the united states. >> quite frankly, most of the outside world looking in can't believe it's come to this. if congress doesn't increase the debt limit thursday, the u.s. inevitably and eventually won't be able to borrow the money to pay its bills and creditors, this is debt already racked up, creditors like china which holds $1.2 trillion in u.s. treasuries. >> and for not the first time, by the way, china is saying it's frustrated. here's what china's government-owned newspaper published. "it is perhaps a good time for the world to start considering building a deamericanized world." let's bring in richard quest following the markets and world rekz an. here you have china once again because we had the vis minister, was it the vis minister of the economy or foreign affairs a few days ago essentially saying

washington, get your house in order? now we have government press saying maybe the world should be america-free. >> on top of that, the world bank, imf, everybody is worried. how significant is china? >> china is very significant in the sense of it has this $1.2 trillion worth of u.s. debt. of course, that's a double-edged sword. you know the old line, owe the bank $50, that's your problem. owe the bank $500 million, that's the bank's problem. it's a bit like that. china can't be seen to do too much damage to the u.s. economy, its threats and comments because they've got so many of their bonds and they'll be the first to suffer as a result. this article calls washington, this is in the chinoise news agency, it calls washington self-serving and says the united states is a hypocritical nation and it finishes with the beltway politicians first begin with ending the pernicious impasse that is exists. now it's not clear exactly why

the chinese have got themselves all of a swivet and so soon. earlier last week, the deputy governor for china's central bank, the people's bank of china, he, prosecution yee jang, evers far more moderate but quite steely when he told me what he wanted. >> adding this budget and that limit uncertainty would be hurdle for the recovery and for the future development of the colony. so that i think they should have the wisdom to solve this problem as soon as possible. >> now, that's classic understatement. what we're seeing is the ratcheting up of the rhetoric, and pore very simple reason, hala and michael. the rest of the world is very worried. the imf downgraded global

economic growth. it's only just returned to the eurozone, emerging markets are being clobbered at the threat of u.s. tapering by the fed. so whichever way you turn, the last thing anyone needs, including incidentally, the u.s. economy with its 1.8% growth in sequester is another shoe to fall in the form of this. >> and richard, you just spent a few days in washington talking to economic leaders around the world. when they look at the u.s., the system here, do they say why do you have a debt ceilinging to begin with? the americans argue it's in the constitution. the reality is, there's two countries in the world with a debt ceiling and when it can be used as a weapon, that can't be a good thing. >> the debt ceilings is an artificial construct. they can changing that in a flash. there's a thousand and one different things they can do to get rid of the ceiling without having any great problems.

it's completely artificial in that respect. anybody who was an attending the imf and world bank has good knowledge of u.s. affairs and know the checks and balances between congress and administrative and executive and all that and the legislative. what they say is this is no way 0 run a country. and whilst is might be hoho, he, he, the americans are in trouble now that saying this is very serious because it could affect the rest of us. the u.s. has spent the best part of the last five years lecturing the rest of the world they say on how to put their house in order, not least the euro zone and now the boot is very firmly on the other foot. and they want the deal done and done now. >> right. well, the debt ceiling raised many times without much fuss. now very much politicized which is leading to the situation we're in now. thanks very much, richard quest. live in new york. error message and technical

glitches apparently linger on the obama care website. our reporter elizabeth cohen has been trying to sign up for it for almost two weeks. >> she even set her alarm for 3:00 in the morning to avoid high traffic times. huh-uh, didn't work. we'll talk to her when we come back. americans take care of business. they always have. they always will. that's why you take charge of your future. your retirement. ♪ ameriprise advisors can help you like they've helped millions of others. listening, planning, working one on one. to help you retire your way... with confidence. that's what ameriprise financial does. that's what they can do with you. ameriprise financial. more within reach.

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ñw?ñçñññw?ñçó]ç9wjyó a senate leadership meeting has just ended. dana bash is on capitol hill with more on what happened. what was discussed, and what a possible outcome may be today. dana, hi. we're getting awfully close to the debt ceiling crisis. >> we are, and according to senator reid who i just spoke with walking from mitch mcconnell the republican leader's office back to his own, i asked if they were getting closer to a deal and he said we are getting closer. he said we're not there yet. but they are getting closer.

and the other question that was asked is whether or not he thought they could have a deal by the time leaders go to the white house which is at 3:00 eastern. that's in 2 1/2 hour. he said i sure hope so. he said that we're still talking about everything. not there yet. but he certainly sounded more optimistic than weigh have heard people sounding in the past. let's face it, just the fact that he was walking out of mitch mcconnell's office, the republican leader, that just is a good sign based on everything that has been going on or rather not going on for the past 24 hour. so it definitely has the feel of something that could gel soon. we're going to have to see what the details are. i should tell you that our understanding is that the democratic leader has been pushing at least in the past day or so a shorter term bill to

fund the government in order to make sure that the sequester levels, the new forced spending cut levels that kick in, new spending cuts that kick in in january aren't locked in. unclear if that is still part of the discussion, the crux of the discussion or if they've move on to other issues. the big issue is the debt ceiling and length of raising the debt ceiling and what price if any democrats are willing to pay on that. one last thing, i was told just before coming down to the hallway here to take out this meeting that the whole concept of medical devices, the tax on medical devices which republicans have been pushing on because it has to do with obama carrie peeling that or maybe delaying that is still possibly on the table as part of this short-term deal. again, it's very fluid. they're still trying to finalize it. >> short-term being a key word we keep hear. thanks very much, dana bash. we'll stay in touch with you for

more on a possible deal. still very uncertain. let's bring in someone from capitol hill, reed ribble is a freshman republican congress man everyone wisconsin. you've been hearing about potentially there some sort of deal with the senate leadership there. how close or far are we from this actually being resolved? >> well, i think we're getting closer for sure. they're going to go over to the white house this afternoon. it will be by camera and bipartisan to try to lay out this framework. it's always been the republican position we should have a longer term cr, shorter term debt limit which you just heard from dana was at senator reid is offering a longer debt limit and shorter term cr. they still have to work that out. i find the whole thing kind of interesting now that home run home run has shifted to talking about the sequester because on the one hand, they want to say obama care is settled law but don't want to admit the

sequester is settled law. in reality in washington, d.c., there's no such thing assetaled law. we can continue as the congress to pass things as long as the president will sign it. >> congressman, i'm interested in your thoughts on the broader question here. when you look at redistricting, it's meant that no one on the right has suffered for being too extreme but have for being too moderate. going forward, what do you do when there is no electoral upside to bipartisanship in some areas of the congress to cooperating if you like for the benefit of the country over ideology? what's your view on that when you look forward? >> i've been very outspoken on the whole idea of gerri mandering. it's not just on the right. it's on the left. as time has gone by, restricting has taken place, districts have gotten bluer and redder. you have members of congress representing those very blue and very red districts. stop and consider, we know longer have a system where voters select representatives

but representatives are selecting their voters by redistricting them. this is the problem we have. it's causing the gridlock. >> very good point. >> i want to ask you what the republican party here at the house level wants. i mean official initially a group wanted defunding obama care. now we're talking about the sequester cuts that are due to come into effect in january. what is it that the republican party at the house level wants in order to get something agreed on here? >> you know, it's actually a great question because we're having kind of a convergence of two discussions taking place, one on the debt limit, one on the continuing resolution 0 fund the government. i think they want different things. at the end of the day, i think the broad number of members in the congress really want one thing and that is to fix the systemic long-term threat, the very things that you talked about prior to coming into this segment how the international community views how we're managing our nation's finances. we've made promises to american people that are going to be

broken unless we address them now. they will get more expensive to address the longer we wait to take care of them. >> do you shut down the government to keep long-term promises? the american public doesn't seem to be very pleased with their congress people. you're at approval ratings that are in the single digits here. >> yeah, and i have very few family members left. they might go down lower. the reality is that what has to actually happen, and this is happening. one of the side things that has happened that the american people don't see because the news coverage can't see it, there are an awful lot of sidebar meetings taking place now between regular members of congress like myself. you introduced me as a freshman. i'm in my second term. members of congress are meeting together privately trying to find a pathway forward and asking the correct questions. how can we help you you as republicans how can we help you as democrats get to see this position and democrats are saying how can we help you get to this place and these

conversations are being done thoughtfully, respectfully and behind the scenes. i think that maybe more than anything, this is starting to break some of the gridlock we've seen and some of the partisan wrangling that's unhealthy for the process. >> i think a lot of people would be delighted to see more moderate voices. >> maybe you should have cameras behind closed doors. it seems like that's where the conversations, the polite conversations are taking place. >> there's more pragmatism here than you might it be aware of. and you know, i came out of the private sector having never served in any elected official capacity. >> you must have been shocked. >> i was surprised how politics rules the day when in reality, most of us want to get something good. we want to make sure we protect our seniors and protect our future seniors which are our children and those things can happen, but they'll only happen if we set politics aside and do what's right for the american people. >> as they always say, you go in there hoping for all these

wonderful things and do you -- are you able to achieve it long-term. wish we could chat more. some good points, congressman reid ribble, thanks so much. >> we're going to take a short break. stay with us on "around the world." [ male announcer ] campbell's angus beef & dumplings. hearty cheeseburger. creamy thai style chicken with rice. mexican-style chicken tortilla. if you think campbell's 26 new soups sound good, imagine how they taste. m'm! m'm! good! i have a big meeting when we land, but i am so stuffed up, i can't rest. [ male announcer ] nyquil cold and flu liquid gels don't unstuff your nose. they don't? alka seltzer plus night fights your worst cold symptoms, plus has a decongestant. [ inhales deeply ] oh. what a relief it is. [ inhales deeply ] i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core,

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obviously, we're continuing to keep an eye on washington. we just heard everywhere dana bash to harry reid after meeting with mitch mcconnell saying maybe they're a little closer to a deal there in washington. heard that before. but hopefully, this time there will be more meat on that. they're scuttling around and having meetings. hopefully something will happen. >> well, a lot of this had to do with obama care for some house members.

but almost two weeks into the start of obama care enrollment and still, we have a few issueses with software and technical problems. >> some experts say fixing them could take a long time. our elizabeth cohen has been trying to set up her account. >> i put in my user name and password and it didn't recognize it. >> error messages, page not found. system down. it's been a tough nearly two weeks for obama care. >> there were error messages or that little annoying kind of like twirly thing. hate it, right? >> i've been trying since day one to get an account and log in on healthcare.gov. i failed again. >> we couldn't make this page work. >> and again. >> it wouldn't log me in. >> and again. pwhen i've called the 1-800-number for help, the represents tell me volume is high and to try again during off peak hours so i tried again at

10:30 at night, 8:00 in the morning and still it didn't work. so finally i set my alarm clock for 3:00 p.m. sunday morning. but guess what, the system was down for maintenance. i'm not the only one having trouble. on facebook, people took to the healthcare.gov page to vent by the thousands. ob cnn's ireport. >> i've trieded hundreds of times since october first. >> independent analysts tell cnn the problems go way beyond high volume and minor glitches. they say the site fails to follow even basic protocols in coding. there is always the old fashioned option of enrolling over the phone and using snail mail. and you do have time to be insured by january 1st, you just have to complete the process by december 15th. >> a little bit of time there. i remember last week we were joking with you about you should get up at 3:00 a.m. >> i did, i did. it was down for maintenance, right? just my luck, right?

>> but you did eventually get in. >> i did. this morning i have success to report. i tried to log in and failed, tried to log in and failed. so i tried to create a new account which i've been trying to do for a while now and failed. that time it didn't work. >> same name with different user name. tried again to create a new account. i tried a third time to create a new account and it worked. i now have the two accounts. but and it worked. so you know, it's a lot of jumping through hoops. it did work. we've heard from other people even in the beginning it has worked. it works sometimes and doesn't work a lot of times. >> about an hour and a half ago, i logged in and created an account. it asked me to verify with an e-mail address. i did that, and it worked just fine for me. it was surprisingly quick. i didn't go through the whole process because i wasn't applying for coverage but i did create an account with a user name and password and it worked fine. >> a lottery thing. >> it feels like that. literally one second it failed and the next second it didn't.

one second it wasn't working and the next second it was. i think a lot of it is luck. when you call the reps, they're like keep trying. to your point, it is a beautiful site to use. when it works, it's lovely. it's a great user interface. it's very smooth. >> pretty user friendly. >> very user friendly. >> very clear what the next step is. reminds me of some of those tax filing software programs. sort of like click here and you go to the next page and it asks you multiple choice questions. >> web sites you don't know what to do and you can get lost easily. when this, would, it works quite well. >> be patient and hopefully they're working on all the bugs. during our morning meeting we were discussing you being on the program. one of our producers did it on his ipad and had success. >> i had to jump through incredible hoops that a lot of people wouldn't jump through. you never know. i had to game the game. >> elizabeth, you're in. >> you're signed up. let us know on twitter how it's

worked out for you so far if you're trying to sign up. >> meanwhile, the u.s. just three days away. what is it now, 59 hours, 14 minutes from running out of money to eventually pay all of its bills. what should you do with your stock? >> up next, advice on protecting your money. we'll be right back. [ male announcer ] this is brad. his day of coaching begins with knee pain, when... [ man ] hey, brad, want to trade the all-day relief of two aleve for six tylenol? what's the catch? there's no catch. you want me to give up my two aleve for six tylenol? no. for my knee pain, nothing beats my aleve.

welcome back.

we've been hearing the president is at a place called martha's table, which is a food pantry, if you like, in d.c. giving out food to people who are at the moment affected by the government shutdown. we did hear that the president opened his remarks, he said thank you to the volunteers saying part of the reason we're here today is because we have a lot of volunteer who are furloughed workers. >> commenting on the prospects of hitting the debt ceiling on thursday, he said "we stand a good chance of defaulting." >> but then he also was asked whether he was confident a deal would be reached and he said, well there is some progress on the senate side. of course, we've been hearing about some of that. harry reid and mitch mcconnell meeting today, and some progress there. of course, what the house thinks of whatever they come up with is a whole other thing. >> at 3:00 p.m., there's a meeting at the white house in the oval office which we'll be covering for you with that -- that involves the bipartisan

congressal leadership. average investors, that's you and me. >> you're not average. >> if if the partial government shutdown and economic gridlock in washington is making you nervous, hold on. >> uh-huh. as one leading money manager put it, don't do anything rash, not yet. >> that's good advice for anything in life. christine romans reports. >> one day a selloff, the next day a rally is enough to make the average investor swear off stocks and bonds and hide their nest egg in the mattress. the memories are still fresh from the crashable in 2008, stocks down 50%. fast forward to today. and the washington wrangling is bringing up nightmarish scenarios that conjure up the same fierce. money managers say increase the cash portion of your portfolio from 10% to 20%. but one advisor says have a plan first. >> i don't think you ever want to make today the day that you exit the market in cash unless you have a clear-cut plan when you're going to get back in.

most people don't have the that plan because if the market drops precipitously from here, most people won't feel that's the time to get back in. >> concerned you're not rebalancing enough? don't just do the something, stand there. that's what's jack vogel says. vogel examined two portfolios, both 70% stocks, 30% bonds. one rebalanced every year, another never touched. guess what, there was very little difference. but that's not to say you should always leave your portfolio on autopilot. experts say consider lower risk options like a core swer intermediate term bond fund or dividend paying stock fund. doesn't try to invest by playing the headlines. >> for the average person, i would just try to take a vacation from the market for about two to three weeks, don't do anything rash or silly. by selling when it appears that the news is bad. >> he says this as a multiyear bull market for stocks. he feels profits will be

excellent for american companies next year. christine romans, cnn, new york. >> don't do anything rash. hala is going to go down to cnn international to anchor her regular show. >> great being with you. if you're able to watch cnn international, i'll be with you there in about ten minutes. >> stick around here for the rest of "around the world." when we come back, remember madeline mccann, 3 years old when she varnished while on vacation with her parents on vacation. up next, we'll slow you new leads in her disappearance.

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welcome back. in the united kingdom, police are holding out new hope for leads in the disappearance of madeline mccann, the 3-year-old british girl who went missing in may 2007 while vacationing with her parents in portugal. she would be 10 years old now. police releasing two computer generated sketches of a man spotted near the resort where the little girl was last seen. eric mclaughlin is in london. aaron, what do we know about this man? who spotted had imand what his connection or nonconnection could be? >> hi, michael. it is a man seen by two witnesses around the time of madeline mccann's disappearance. he was seen walking away from the mccanns' apartment carrying a small child of 3 to 4 years

old. witnesses describe him as a white male between 20 to 40 years old, medium stature with short brown hair. police acknowledge this could have been a completely innocent sighting but they want to know more information about this individual. michael? >> you know, i remember initially madeline's parents were considered possible or potential suspects. they're now totally cleared, respect they? >> absolutely. police are saying the parents are not a focus of this investigation. they believe that madeline mccann was abducted from her holiday apartment during the night. she was abducted they say while her parents were at a nearby restaurant having dinner with friends. and they have ruled out a theory that she could have somehow wandered out of the apartment and been kidnapped outside of this holiday complex. they believe that the kidnapping happened inside the mccanns' apartment, michael? >> certainly an incredibly -- one of those cases that's captured the public imagination.

so many 0 kids go missing every year. this one gripped people. aaron mclaughlin there in london. thanks so much. thanks to you for watching "around the world" today. appreciate your company. i'm michael holmes. be back tomorrow. meanwhile, "cnn newsroom" with wolf blitzer starts right after wolf blitzer starts right after this. -- captions by vitac -- www.vitac.com power. give me more power! [ mainframe ] located. ge deep-sea fuel technology. a 50,000-pound, ingeniously wired machine that optimizes raw data to help safely discover and maximize resources in extreme conditions. our current situation seems rather extreme. why can't we maximize our... ready. ♪ brilliant. let's get out of here. warp speed. ♪ of their type 2 diabetes with non-insulin victoza®.

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