tv Headline News RT October 17, 2013 1:00am-1:30am EDT
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this is why you should. only. default of her to but only just as president obama signs the congress bill to end the us government shutdown but it only kicks the dead can down the road to february . a long awaited deal comes just in time for america to catch its breath but leaves the country back on the verge of collapse in just a few months more from washington in just a moment. to see the plight of migrant workers getting the nation's world cup together shines a light on the suffering of other foreign employees in the wealthy gulf states. and a look behind the barbed wire. and rare axes inside the natori is one tunnel prison . heard about it like several movies but you don't really this is a place that people forget about we don't ever think about it we talked to the
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working in the one tunnel detention camp you see the actually love their jobs. live from moscow this is our team you with me tom woods it's good to have your company with us to our top story this morning. the united states has avoided a potentially catastrophic economic default by the skin of its teeth president obama has signed a long awaited deal that puts the government back on track and raises america's borini limit but it's just a temporary fix as a niece and now reports now from washington d.c. . well just hours before the deadline the so-called eleventh hour really coming down to the wire here the house of representatives passed the senate bill to raise the debt ceiling and restore government funding after
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a sixteen day shutdown barely avoiding a default on their almost seventeen trillion dollars in borrowings after the vote some bloggers joked see you back here in three months now that's referring to the fact that this is really not a long term solution to the budget crisis the u.s. government is now funded through january fifteenth and keyboards are entering until february seventh but really they just kick the can down the wrote something congress couldn't agree on a budget for the last two years which makes it unlikely three months will be enough for a solution not to mention the damage that's already been done by letting it go this far this shutdown didn't save money it cost money according to standard and poor's twenty four billion dollars the world of course watched washington very closely this week as senator harry reid mentioned wednesday but many might disagree overseas that this last minute agreement shows how responsible america is quite the contrary china already announced the need to de americanised the dollar is not the
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currency the world wants to bet on anymore the i.m.f. the world bank the global economy can't afford to come this close to recession due to internal hardison politics in washington now another interesting point is that republican leaders probably could have mustered this support we've song shutdown day sixteen back on september thirtieth and the self-inflicted halt on capitol hill would have been avoided altogether. the budget a brinkmanship has cost the world's largest economy billions of dollars as well as the trust of investors around the globe and it also sparked calls to americanize the world economy let's talk more on that with martin doubly headachy chief economist at the henley group mr anneke would you agree that the recent crisis in the u.s. is a wake up call for the world to change the financial order. it isn't the first time you know the. problem so i doubt that this is
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a bank of call really or not. this time around and what what the bird really needs to understand is that the whole issue is in me about an agreement or non agreement or you know after three months when they have to sit down again even if they find a compromise that long lasting and agree on it for the next whatever how many years or even if they agree on taking the limit of the debt ceiling of all together how it's very positive because the problem isn't really the debt ceiling the problem is actually the debt and the real issue from our point of view investors and also other central banks would be should be looking at is the danger of the growing debt and now more recently coupled together with the issue of rising interest rates and that's another very interesting thing to watch because years and treasuries have been rising lately and that increases the debt servicing debt financing part of the united states and at these levels already is they're struggling because these
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higher costs or any further increase in the interest rates generally and credit risk would possibly send the united states into default and not by this agreement just by just because they run out of money. i mean with the dollar suffering is such a huge blow and is still the backbone of a lot of the world currencies shouldn't vestas alike in nations be thinking about tentative and contingency currencies to reduce the future reliance on the dollar. yeah absolutely you know the china made some comments in this regard i would distinguish here though between private investors and governments for governments right now and central banks who already hold a lot of rhetoric it's kind of too late to exclude them from the investing point of view because if china started selling the treasuries any significant amount you would be used by the media in the end it would send a debt so you think goes right up and. the us budget and deficits would go through
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the roof quite investors' my panic and then they can and cannot sell off their mind of their bond holding so i would actually think that china understand probably a good part of the u.s. treasury holding their horses as part of their reserve currency reserves they would have provided also eventually for private investors would small amount i don't see any reason why they would want to avoid any treasury exposure to rethink the bond market the treasury bond market and also by the way most of the eurozone sovereign bonds is one of the biggest above result they shouldn't hold gold on the other hand would be a good alternative certainly for private investors china is trying to buy more boards actually in puerto rico than what he does in terms of dollars over the last few years through hong kong they're trying to increase the gold part of their reserves but they are so big of course that it's difficult for them to do that is i was driving prices up the recent correction go off as in a good opportunity and russia and china are both buying
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a certain looking at what's happened in the last couple of hours with the president obama signing the bad bill the debt ceiling has just been bumped up again i mean the bubble will explode eventually but what will that all mean for world economies what would that mean for the rest of the world. well it's a question ben when you say the bubble will explode eventually but in three months there might be a surprise when they sit down together and negotiate together in three months maybe they were find a long line a longer lasting agreement it could be but again as i mentioned that's not the solution because the debt is the problem the rising interest rate is the problem so what does that really mean for the world would be us really default on their stead i think more likely what they would do is just continue with the quantitative easing policy is maybe even they would have to wait on quantitative easing rather than tapering because tapering would immediately cause into israel to blow up and what that means for the word is it's quite likely inflation and may pick up in the
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united states possibly significantly when investors realize the real predicament the u.s. is in and that they were suckered five back currently in order to avoid the debt trap and so this inflation will probably be exported scrawl other countries globally and so tangible as that is something investors should be looking at for safety from this rather than holding majority of assets and cash or born tangible investments is the wide investors out there should be looking out for months and doubly had a key chief economist at the henley group joining us this morning to discuss that bill. we've got more reaction on the last minute debt deal after the break also we've got a read glimpse inside one tunnel correspondents have been filling unique axels to the infamous facility that's close to a decade and fueling. the misery for migrants in qatar we hear firsthand what it's like to work as a human rights groups intent on kicking the country's controversial world cup and
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visions into the long quest it's all in a couple of minutes to stay with us here on r.t. . react to situations i have read the reports from. the british no i will leave that to the state department to comment on your. car is on your dog. knows. no more. question be prepared for a change when you're. ready for a. critical stage hands down the freedom to. dramatize the true. stories others refuse
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you're still watching r g for more international news back to the main news story this hour the u.s. congress has reached the long anticipated budget agreement well congress may have averted debt disaster for now but the fact that it's just a temporary fix is still sending shivers across america and the rest of the world artes and he said i would discuss that with a panel of guests in washington. well it's terrible nose for americans and for for conservatives it's good news for those people who believe that the obamacare in the federal government should continue to grow and that the government should take an increasingly more powerful role in our lives it's really horrific defeat for conservatives who trusted republican leaders want to go to gerald celente what do you think of this when you really look at the world news and you hear what they're saying whether it's coming from the world bank
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whether the i.m.f. whether the leading bankers of the world or from china with now it's de americanization this was really a spectacle following a series of spectacles that has downgraded america's image worldwide to levels i've never seen so low do you agree with that in london mr keith boy field is the the world now going to remember this harry reid this morning saying well that is story bipartisan agreement has been so he's looking at it as a different way the rest of the world how are they going to see this is this going to be a lesson for those of us living outside america it's a wake up call i think particularly for investors you're going to see as a result of this latest piece of political theater a move to review the way in which a lot of countries hold their asses worldwide how or how are the republicans going to pay for this i mean they are being blamed for the shutdown well first of all i
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think i don't have a problem with with democracy in action and the way the american system is sort of allowed to work its will figure ok with the fact of the government to so-called it did work there was going to be no default this was just something very reaction to that from some of our other guests anyone who would like please to jump in. here you know if there wasn't go i'm to be dealt. i don't know. i don't miss. a lot of subtleties that on gresham the accountability i'm not quite sure what the republicans got out of this campaign can i say that i will make the observation in a certain way for probably the last year we used to it said that thirty nine consecutive americans let's not didn't think that this was going to have any effect on their economic reputation i think they're going to be in for a big big surprise particularly when the credit rating agencies start to review u.s. government credit so basically i just want to say we're doing our case of excluding
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are paying more attention to the facial scores than to the diminishing of credit ratings on the world market but what they see coming out of washington is a clown show by everybody is this going to be another three months of partisan wrangling are we going to see a solution or we're just going to see another shutdown the next time the deadline comes we will be we will be three months closer to the midterm elections and the republican party leadership are going to have to think do they want to remind the american people again of just how disorganized the whole situation in washington is when you have congress with an eighty percent disapproval rating i don't think we're going to see a solution to the budget the long term budget problems that we haven't been able to come up with that solution for two years we're not going to get it in three months it was a pleasure to speak to all of you very different opinions very heated debate we're going to continue to keep our eye on the situation in the capitol for now i mean
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he's now eight and watching. currency crisis continue to keep the system the president gives users the journey goes you can capitol hill takes a bitter medicine doctor to see. the longer this goes all the worse until. they're ready to destroy the american economy unless they get heat. relief. to one of our top stories the trapped and terrified migrants in qatar have been speaking about the desperation they're enduring there are more than eighteen million in the country many of whom are working flat out to get the prestigious well cup event ready that's us leah has more on how the flood will focus is joining the world's eyes to migrant suffering. to organize.
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detour trended to fifth vote cop is coming. but the initial celebration and christie's have been overshadowed by ford workers claims of maltreatment not getting paid and even that not being allowed to leave the country the international trade union confederation claims that about four thousand migrants could die before a football is kicked in twenty twenty two the worker becomes the property of the employer they are not allowed to leave the country they're not even allowed to leave trying to a job and if the employer agrees this means that the workers have no real power no real voice to. fix up very very bad working and living conditions zire balloonists knows this all too well a french football player who arrived in qatar in two thousand and seven he says he hadn't been paid for more than two years he filed
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a lawsuit to claim unpaid wages and says his club but then we fused to give him an exit visa unless he dropped the case. when i went to the tribunals i never imagined that i wouldn't be able to leave the country i didn't think they would block me my wife is depressed and she can't work i thought of going on hunger strike but my lawyers told me not to they already hurts me and a hunger strike would only hurt my wife and kids enough is enough. beluga says high profile story isn't the first either. doesn't change its ways i have the courage to say that in two thousand and twenty two we will have the world cup of shame the world cup of slavery believe this in the meantime continues to hope his problems will soon be resolved i'll have to stop playing football they ended my career mentally i don't see myself playing and then i'll have to see what to do with my life. r.t. . everyone may know the name of america's most notorious prison but few know what
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really happens behind the barbed wire guantanamo r.t. has been given rare access inside the facility that's been indefinitely detaining terror suspects without charge for more than a decade take a look. after a few months of people worked to get cleared to visit the base the trip to get mobile hop and a skip from the big apple to fort lauderdale in florida and from there were short hour and a half flight one largely kept under wraps with no indications of it on departure boards. the minute we landed were greeted by escorts who stay with us every step of our trip the special guantanamo joint task force media team. one of them sergeant rebecca wood far from the stereotypical face you might imagine working at a place like this controversial military base as we soon learned the first of many surprises this is a really big break for me in my career from a military resume the people i work with every day day they share the same idea
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like they're all very proud to be here she joined the u.s. military a decade ago with no money for college a twenty eight one ton a most her second deployment you've heard about it like several movies but you don't really it is just a place that people forget about only they don't ever think about it getting to the main part of the base is a slow pace trip we have to wait for a ferry to take us across the bay and are taken to visit a beach first one of a handful of scenic locations you wouldn't really expect here we're going to see the logic area now it's about a twenty minute ferry ride one side of the bay area where the airport is. several rebranded insists but the main part of the people being and the detention camp are over their head and given its reputation guantanamo isn't quite what we anticipated as we approach the meeting area it's sad interesting to note that to be unsuspecting this place looks just like another tropical island where an american flag would never be that good since the place housing going to united states or us
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presidents the lodging area were taken to is like any typical hotel with palm trees and a marina right out the window first impression this can't be the place that has been casting a long shadow in. because human rights image for over a decade where torture allegations hunger strikes and force feeding have been making headlines i remember when i moved here i thought i would just see like people in orange jumpsuits and fences everywhere but i mean the families all stay on one side and the rest kind of happens on another the other side as where total of seven hundred seventy nine detainees of america's war on terror have been kept since two thousand and two a total of one hundred sixty four now remaining at a whopping eight hundred thousand taxpayer dollars for a detainee per year even though more than half of them have been cleared for release but we are in a remote location that factors into the cost it cost what it cost to do it right what doing it right means to those running america's most infamous detention
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facility and what lays beyond the picture perfect scenery all the realities of guantanamo in our reports to follow suit your going to r.t. guantanamo bay cuba. might have been keeping a close eye on how the situation is unfolding in and around the guantanamo bay facility on our web site head to r.t.e. dot com for the full timeline of events and more updates on the story. write the scene. first rate. and i think you're. on our reporters were there. in. the the in. let's take a look at a more of the world's main news for you now firefighters in thailand are still
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trying to battle a mess of column of fire at a shopping center in pre-k. although many of the thousand also people inside managed to escape unharmed rescue workers expect to find bodies in the complex once the flames are pulled out locals were forced to leave their homes due to exploding gas tanks inside the building as well as at a nearby petrol station. a suicide bomber in pakistan has shot his way into the residence of a provincial government minister killing the official and at least nine guests who was celebrating the end of the muslim holy day the boss also wounded more than thirty others and is the most high profile political assassination by the islamist insurgency this year no one has admitted to the massacre by the suspicion is likely to fall on the. these spanish activists on hunger strike calling for the government to quit or for allowing the economy to
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deteriorate set up camp in a square in central madrid and have been refusing food for five days among them a twenty five year old civil engineering graduate from billable who's a fruitless search for any work led him to raise awareness for spain's four point seven million unemployed. iran and the world powers are hailing this week's a nuclear talks as a progresses and have agreed to continue in november the details of the deal are being kept secret political commentator and iran expert soraya support paul ridge says it's too early to celebrate the end of the stalemate. let's hope that that can translate into something substantial but at this point. again from what we hear there's nothing much out there yet. i don't see them lifting the sanctions anytime soon unless they see iran completely give up its rights all the demands it has and basically subjugate its. iran's foreign minister said the results of the
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negotiations will hopefully begin a new phase in relations between iran and the six powers so we're told us that to run is willing to make concessions but one be bullied by the west i think iran would be more than happy to cooperate under the right circumstances i don't believe that it would allow itself to be bullied into taking actions that are frankly not acknowledged nothing has changed very much from the way i see it other than a display of optimism. dramatic video has emerged from a deadly as quake that struck the philippines on a website right. at children crumbles as the seven point two magnitude quake hit the country that is
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a. hundred and fourteen lives saved we have eyewitness images of the tragedy on a you tube channel. and from my deep space into deep water this half ton chunk of michio right has been recovered from a russian lake bed we've got video of the sleigh still status rescue in our emotion section. up next to some tough talk with the executive director of greenpeace it's a world apart in a few minutes. you know as i look more and more into it i find that there were a lot of myths and exaggerations about what happened in russia during the soviet
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era however one really bad rumor seems to be true if you were an outspoken advocate against the soviet status quo then you could be considered insane and be locked away until the psychiatrist convinced you that khrushchev was brilliant scary stuff but sadly famous grammy award winning singer lauryn hill might be living the life of a soviet dissident right now she was convicted of failing to pay five hundred thousand dollars in taxes but strangely according to the international business times she was ordered to undergo psychiatric counseling because she believes in conspiracy theories related to the music industry who wrote in her own tumblr account that the music industry is manipulated and controlled by a media protected military industrial complex this is a. accusation from hill but is actually irrelevant if it is true or not you see punishments are supposed to fit the crime and the court of tax evasion should not have a punishment of mandatory counseling or is more paranoid types like me like to call it reprogramming they are usually trivial this celebrity case actually sets
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a dangerous legal precedent but i show my opinion. hello and welcome to worlds apart a peaceful protest interrupted by a despotic state or an act of environmental extremism that put lives at risk the description of greenpeace is recent action in the barents sea depends on where one stands politically but regardless of how you call it can it actually achieve its proclaimed goal that he's putting in than to oil and gas drilling in the arctic well to discuss that i'm now joined by cooney neither are they executive director of greenpeace international mr knight a thank you very much for your time thank you for having me in the media all the
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twenty eight greenpeace activists plus the two freelancers who are company of them were sort of lumped together on to the hash tag arctic thirty but if you look at their actions in legal terms i think they require different some of their war on board of the arctic sunrise others were trying to scale the platform and get some others were actually trying to ram the boat of calls guards do you personally differentiated between their actions do you think they should be treated differently in legal terms and in terms of the charges that were leveled against them firstly if you look at a slow motion picture of. what the russian coast guard at least off the incident. if you look at it properly absolutely no basis to say that our activists tried to ram the coast guard boats we were unarmed
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the coast guard said knives and shot. weapons at us we had our hands up in there there was absolutely no effort on our part to them both but i have on your question about should they be treated separately different the the two journalists should be treated separately separately because they are not greenpeace employees or activists and so on they were there to do their job as journalists and that's why i said those two should be released immediately in the interest of media freedom and so on with regard to the other activists yes you're right people played a different roles and at the moment you know as the president of the human rights council in russia suggested medvedev of that charging greenpeace of piracy the russian authorities should just as well if charged in piece of trying to gang rape the oil platform because it's such a ridiculous charge and president putin agrees.
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