really help the country board selling off or even just leasing nine percent of the nation's territory is absolutely unacceptable doing a large project with the chinese that is mutually beneficial is one thing but showing your leasing off your country is another and by another i mean treason but that's just my opinion. wealthy british. it's a. very very good. market why not. find out what's really happening to the global economy. on our team. that work at the capitol i'm going to believe it's all ten so thank you for your company now this week the u.s.

government shutdown. now i know hey guys we pay our bills as a budget. so just as the u.s. economy was beginning to show the first size of our recovery it manages to bang into a wall well a ceiling in a way so that the help of the biggest most powerful economy in the world managed to get itself into such a mess well actually it's all to do with the squabbling between politicians over health meanwhile the health of the us economy is at risk the question seems to be about who can hold the longest obama's health care supporters all the tea party republicans meanwhile the clock is ticking. real now by your columns on the seventeenth of october when the debt ceiling will be breached the health of the economy will really be on the line because the u.s. government run out of town. and while u.s. politicians are all busy arguing about money economic damage to the already fragile corner. is intensifying according to independent research and economic advisors if

the shutdown was to last two weeks that it would result in a loss of about two hundred thirty three billion dollars so let's get to the epicenter of it all with all its he's reporting from washington a lot of uncertainty as the government shutdown continues with no end in sight right now about eight hundred thousand federal workers have been furloughed and are not sure if they will get back pay when the government reopens this government shutdown is historic it hasn't happened in seventeen years and the worry is the effect that it will have on an already fragile economy and the cost of the shutdown on the overall economy is estimated to be around three hundred million dollars per day according to one market research firm that's more than one point six billion dollars per week but the financial worries do not and at this shutdown another

deadline looms here in washington and that's the debt ceiling deadline if congress doesn't come to a deal to raise the debt ceiling the treasury department says the u.s. will run out of money to pay its bills that could send ripple effects on the economy with investors losing faith there could be implications with the value of the dollar and we could see unemployment rise but the government shutdown partially shut down national parks have been closed social services that help new mothers and children have been suspended and research at the national health institute has been halted the republicans have been trying to pass bills to fund some of these programs piece by piece but democrats are saying it's all or nothing including the affordable care act at the heart of this deadlock at the capitol well as of now there is no clear end in sight and with each day that passes more economic uncertainty in washington is wall party not so little financial analysis i'm joined by my reubens. i'm from investment finance company matches paul ma can you give me

an idea as to how all of this is affecting the u.s. economy specifically of course overall it's negative the shutdown that shaved off growth from their economy on the average where their estimate that it could shave about. ten basis points off the growth at four every week or shut down but again it's not such a catastrophic from the market standpoint what would be catastrophic is the next battle if it's lost the battle all that to raise their country's debt ceiling so what areas of the u.s. economy are particularly vulnerable than moloch is one area there is of course is one of the most important industries in the u.s. economy is the housing industry and housing is being adversely affected because. banks and credit situation is that they cannot effectively issue mortgages when they don't have access to the government data which helps them to very far right at

the applicant's income and other things so say you and since they're government agents is shut down. operate a bare minimum banks have problems accessing this data so that could save your early slow down the mortgage insurance process and that could. have very nascent. housing recovery in the states what about u.s. treasuries there will be pressure to be felt the impact of the u.s. treasuries is the most important financial instrument conlin the financial markets so any and. any trouble with this instrument as misspelled the trouble for there will financial system above given the importance of us treasury for the health of the wall financial system and the chances that the compromise is not going to fall and that there's slim and what about the u.s. dollar. that a way expressing

a full round the conditions that have been created with this. government shutdown and the potential battle for the debt ceiling limit all these conditions will likely to prevent us fed reserve from tapering this and the stimulus in the near future. so there are no consensus no shifting to the fed. cutting rates or the rate of monster purchases further down the road in the future the current consensus is there that we're going to see the car the december meeting analysis december meaning i mean i think we're all going to see. before they're beginning of next year and perhaps even into their first quarter of next year so this whole continues to pressure the dollar financial alice thank you now at this we care more sky i went along to the v. to be investment forum and of course out with on today's sound a step ahead of the biggest bank in us in america i'll assume about the u.s.

to a say and how the decisions made in washington affect the emerging economies emerging economies are much stronger than there used to be so they have more fiscal balance know what that a better economic ball is all over the globe so i do see some effect because what is changing at the end of the day is it possible for joining a global quest to avoid turning for the u.s. dollar interest rates it is a very important price so there will be an effect but it's also important to keep in mind that piece by continue where this is related to a back to normalization trend is not that we have an inflationary problem or a budget problem it's our recall very soon and it's best to normalization in days in a certain way we are moving from a point that is not so good to a point that is much better. which is

a normal us. wise or some awesome price volatility in we will have down but it will not be dramatic. it was in denying these question we were happy and the years that when we finish this resolution will be more. dallas and. everyone's all doom and gloom about the us because i also spoke to alberto them a from citibank this for a month he was equal to mystic about situations type size but hopeful that the situation. needed something that you're planning. but you also look at the glass not the window you would see the fish story doesn't look to the price of money at the price of. the most attractive level. that's done something you think you're wrong about the cover of the u.s. market don't you think that this. could be so i think it's risky because looking

back. president obama has even had to cancel his shadow trip to. the situation als he was expected to attend the apec summit in body of goals that all of that i caused in the head of russia's second largest sense of who will be in attendance spoke to me about the of russia definitely last year i think i did defy itself as one of the leading. nations in the. pacific region and i think from this point a few as you know since that time since september last year with a lot of decisions inside russia to develop the region they include the government investment in infrastructure they include the special tax regime for business so chill the seriousness of russia which developing this region developing relationship. with the region so mr putin. i mean. there was some of which

that if you were dressed for the business for me you were going to speak yeah about russian your brother so i think we continue to play very important role in this process and do we want to unify. the still photos growing market. for realization of all the development so that russia is very much focused on this region we do part of the euro but we also part of the asia pacific region we're going to talk about corporate news that will suspected now is being russia's diamond giant also to sell an over one billion dollar. offering the company sixteen percent it says most of the puts up to sell a card in state and says to seven percent the value off to the i.p.o. is announced. and russian supermarket chain as

a clue saw is on the ball to market because i think most of stores in the outskirts of most. good news the caviar lovers the price of russian red caviar has finally stopped growing in the summer the price jumped seventeen percent that was juice you know you in the name caviar juice up in russia. and now we're going to check in with mr thomas and see what he's been up here with his ten thousand u.s. dollars he was given it ten weeks ago was he out to you now all right shoulder lou . ok he's not but i can live may so let's go find out where he is. now and hey this is very strange very suspect what is going on oh ok this would explain things here we go guys a sec i go for me by the. it was john i did mission lights but i was have

a look at what you've been up to maybe over here because you're doing really really bad like no i've heard it all ok he would go so he did invest into finances he told me he was going to buy the shares are up maybe three percent which means he's managed to get a around two hundred fifty u.s. dollars about an hour and that brings his total up to you know about five hundred ninety three which means he's close to breaking ava's a joseki for a little bit. more than. i had back and it's been another controversial week for the to moche as wells of the big corps in the online marketplace silk road was closed down this week and the f.b.i. seized three point six billion dollars worth all the virtual currency a silk road allowed uses to trade in legal drugs that required the use of the big quite as a consequence the value of the bit quite prominent more than one hundred forty u.s.

dollars the sounds of the virtual currency claim that plenty of illegal practices have been carried out using the us dollar the british pound the russian ruble or any other global currency in the old days where he demonstrates is that the coin can be used illegally or maybe it goes. for today is a french cap so i will indeed be back next week saying the same time savior excuse me i'm going to go see how this time this is day and i'm going to go bring him some grapes and since he has not so nice. after decades of prosecuting a cold turkey proxy war against iran can watch them change its behavior many more children have dismissed obama's old branch out of many in the red or just as mistrustful is this quest for peace of. this. point being the expensive car saloon.

new clueless a new fashion show. also designer bags and shoes in the best shop windows. luxury is a school. is a lost cause. as a. consequence when archie. the olympic torch is on its epic journey to such a. one hundred twenty three days. through two thousand nine hundred towns and cities of russia. relayed by fourteen thousand people or sixty five thousand kilometers. in a record setting trip by land air sea and others face.

a limp dick torch relay. on r t r c dot com. more news today violence is once again flared up. in these are the images cobol has been seeing from the streets of canada. china operations are rooted a clue. my

name's daniel bushell chemical agents or red lines except critics say when the u.s. uses them on a full grade to scale coming up one in three u.s. servicemen permanently disabled an explosion of birth defects they don't even have medical terms for. and an f.b.i. whistleblower ties america's grudge epidemic to the highest levels of government. by phosphorus was used which is definitely without a shadow of a doubt a chemical weapon u.s. troops report told us to use white phosphorus in civilian areas the chemical nicknamed whiskey pete by the u.s. army is banned as a weapon the toxic substances agents you know see through halt and booms of anyone in the vicinity so i'm of the time offices in iraq described firing the chemical of people in a process they call shake and bake.