tv Newsline WHUT October 10, 2013 7:30am-8:00am EDT
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economist at fujitsu research institute. he says financial officials will likely express strong concerns about the u.s. problem. >> well, it will be very, very hard to talk about anything at first than the fiscal mess in the u.s. and the shutdown of the government. everybody knows, all the finance ministers are for the first time in the u.s. over the last month, and they all want to know what's going on and when the situation will actually be settled. so this is topic number one. topic number two is monetary policy going forward. >> now talking about the situation in the u.s., the imf just released a report that warns of a possible default, u.s. default. what's your take on this? >> well, the situation internationally is still very fragile. we see the word economy basically bottoming out everywhere. but all the economies are still
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vulnerable. we have a difficulty in europe bottoming out. so we don't know where the situation is going. and additional risks are a problem. and this is a biggest problem with the u.s. and the fiscal situation in the u.s. we don't need additional risks. >>en a you mentioned emerging economies are very vulnerable. we actually have a graph that shows how currency have been affected. let's take a look at that. and maybe you could shed some insight into that. >> what we see here, the indonesia rupiah already was the talk about tightening monetary policy in june has depreciated a lot because risks are going up. while the japanese yen has been driven by international events and trending upward. so basically, everybody's affected by the situation in the u.s. right now. >> and we can't, of course, forget europe.
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euro zone debt issues seem to have taken a back seat with everything else that is going on. but what are the ricks that could trigger another crisis? >> we have the same situation basically as in asia. the economy is bottoming out and everybody is getting to be positive. but the risks are still so high. the financial system is still highly leveraged. the european central bank is organizing the market, which will take ti. the government shutdown is affecting the economy heavily and everybody's concerned about that. >> so everyone holding their breath to see what happens. >> overall, the economy is looking positive, as long as nothing happens. and this is why everybody's gathering in washington, wanting to know. you need to stabilize this. as long as everything is stable we will be fine. if you produce a mess, you produce it for the world economy. >> dr. martin schultz there. senior economist at fujitsu
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research institute. leaders from across southeast asia have gathered in br brunai t discus issues conner issing all of them. representatives will join them when the east asian summit opens on thursday. many are focus on territorial disputes in the south china sea. the disputes were a sticking point in a meeting on wednesday from asian nations and china. china is caught up in a number of rows. the file peen president asked if they could draw up a code of
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conduct and quickly. chinese premier rejected the suggestion. he said steps should be taken gradually. he proposed a corporation treaty with asean. >> translator: we would like to discuss a good neighbor friendship treaty with asean countries. we are willing to make this treaty our treasure for china/asean cooperation. >> he said ties are growing stronger and trade has reached over $400 billion over the past ten years. discussed japan's prime minister said asean leaders should unite and not attempt to change the status quo by force. they met with the australian prime minister tony abbott. they discussed china's maritime presence and its territorial disputes with the philippines and other asean nations. they agreed asean leaders need
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to explore peaceful solutions. to the disputes. the sea should be kept open and stable as it is a common international treasure. he also said the territorial disputes on the islands in the south china sea should be resolved based on the united nations convention of the laws of the say and other international laws. he's against any unilateral change by force, keep in mind recent moves by china. the u.s. secretary of state have assured southeast asian leaders that the united states is committed to asia. he had meetings throughout the southeast asian region. kerry stepped in for president obama who stayed home to deal with the government shutdown. he assured members that shutdown in washington is a moment in politics and will pass. kerry told them the partnership with asean remains a top priority.
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experts working to eliminate syria's arsenal of chemical weaponry says the process is off to a good start. the head of the team says the key will be to convince opposition and government forces to stop fighting. >> if we can get cooperation and if a cease-fire can be established in order to allow our teams to work i think the target could be reached. >> the experts began this week to destroy manufacturing equipment, rockets and other components. they have completed their inspections at two facilities based on information provided by the government. syrian leaders have agreed to destroy their entire stockpile by the middle of next year. now, european leaders say they
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need to do more to prevent catastrophes in mediterranean watter es. they promised to take actions after hundreds of illegal mie grants were killed last week in a ship wreck. an estimated 500 people from africa were trying to cross the mediterranean in search of a new life in europe. the ship they were on caught fire and capsized off tan italin island. more than 300 people were killed. the italian prime minister announced plans to hold a state funeral for the victims, but search crews are still trying to recover bodies from the wreckage. the president of the european commission said the immigration crisis belongs to europe and not just italy alone. >> the image of hundreds of coffins will never get out of my mind. it's something i think one cannot forgot. >> eu leaders have been trying
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to agree on how to tackle illegal migration. some want to support to immigrant nations but they have not been able to agree on a united approach. government leaders have decided to suspend military and financial aid to an ally in the northeast, but the officials stress they want to long standing relationship with egypt. a senior official says the u.s. military will withhold delivery of fighter jets and helicopters. they will hold off on providing $260 million in financial aid. egypt has been in turmoil since military leaders overthrew mohamed morsi in july. supporters of the government have battled his followers again and again. more than 50 people were killed in fighting on sunday. the u.s. government has provided aid to egypt for more than 30 years. officials hope that freezing aid will push egypt's military to speeded transition to a civilian government.
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judicial authorities y in e have set a trial date for morsi. he's set to appear in court next month. he's charged with ordering followers to kill opponents. he was egypt's first democratically elected president until overthrown. he remains in custody. prosecutors say last december, morsi ordered members of the muslim brotherhood to forcibly remove demonstrators from a sit-in. at least five people were killed. his trial is scheduled to begin november 4th. >> populous, prosperous, pushing ahead. china's wise in wealth, power and problems. an income gap divides its people. pollution threatens its health and disputed seas threaten its neighbors. on "newsline." once powerful chinese
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politician will get another day in court. the court has offered to reconsider his life sentence. a lower guilty found him guilty of accepting bribes and abuse of power. bo was once chief and a rising star in the party. he denied all charge against him. officials at the higher people's court in shandong province said they will hear his appeal. the high court ruling will be final. analyst say communist leaders have had a hand in the sentencing and say the appellate court is unlikely to overturn the ruling. now, chinese leaders have warned prime minister abe not to visit a shrine in tokyo later this month. a spokesperson said they firmly oppose visits by japanese leaders no matter when or in whatever form. >> translator: japanese leaders will face more serious
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consequences if they stir up new provocations on the shrine. they should have a clear understanding about that. >> reporter: she was respond responding to remarks from japan's special envoy to the cabinet. he says he hopes abe will visit the shrine next week. it honors japan's war dead. those remembered include military and convictmilitary les convicted of war crimes. abe said he met with aids to the chinese president. he says he has the impression that talks between abe will take place in the not so distant futu future, even if abe visits the shrine. now, delegates from around the world have adopted a treaty to regulate the use and trade of mercury. representative of about 140 countries and regions gathered
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for the convention. the conference name refers to a disease caused by industrial mercury poisoning over half a century ago. >> translator: we must strive to bring the convention into effect as soon as possible to end mercury poisoning. he promised financial assistance to help developing nation deal with the problem. the convention bands digging for mercury at new mines and starting in 2020, it will regulate the manufacture, export and import of products containing mercury. what he knows about a missing japanese citizen. northeast asians abduct ed a gil
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when she was just 13 years old. agents abducted 17 japanese citizens in the 1970s and '80s. he worked for north korea's spy agency and defected to south korea in 2004. members of a group supporting japanese abductees invited him to tokyo. he told him yogota may have been alive when japanese and military leaders met in pyongyang. >> translator: if the testimony is true, there's a strong possibility that my daughter is still alive. we hope that's true. >> north korean authorities admitted at the summit that agents had kidnapped yogata but they said she died sometime afterwards. chan said he heard from north korean leader kim jong-il make a comment after the meeting. chan says that suggested that
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yokota may have still been alive. working couples with children often found themselves in a bind tonight. knight kerr come home to look after their children, but some parents in south korea have come up with a solution -- a unit in a condo built for people like them. anna jong has more. >> reporter: more working parents are showing an interest in living in shared housing. this one was built in seoul two years ago. nine families live here. i'm here in one of the new style share houses. what's different from conventional share houses is that residents here can use a common living area such as this dining room. the common room is one of the house's main selling points. it's here in this 30 kwar meter
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space the residents come to socialize and enjoy guitar lessons. >> translator: i can come to this room in my pajamas. i enjoy chatting with other residents here before going back to my room. it's fun. >> reporter: the first house of its kind in south korea opened two years ago. more followed. their popularity soon grew. now more developers market them. their effort seems to be paying off. more families interested in this kind of living are moving in. mostly the occupants are double income families with small children. their children play together in a number of areas and feel free to drop in on the neighbors. and that's exactly what these ds are doing. here, mothers take care of not only their own children, but other kids from the neighborhood
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as well. cooperation like this demonstrates how residents help each other out. baby-sitters are hard to find. and this puts extra strain on households with working parents. so shared housing is perfect for them. >> translator: it's difficult to coordinate our schedules so that we both arrive home at the same time. but when we're running a little late, we can ask our neighbors to give our children dinner or look after them. we are so thankful that we don't have to worry and have the flexibility when our schedules change. >> this feature is attracting more families with working parents. >> translator: a lot of the families here have one child, so it's nice that the children can be like siblings to each other. >> reporter: this new type of shared housing offers the
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advantages of living with an extended family, village living in the middle of the city. the fourth wing of this house is due to open next year. but already, families are showing interest. anna jong, nhk world, seoul. >> people in tokyo are feeling the summer-like heat wave over in australia it's a lot more severe. the latest in the world weather report. >> hello there. from western australia to queensland, temperatures are rising very high, about 36 degrees in many places, and very hot across the southwestern part. but you'll notice that it's not the hot across the southeast where things are eating up across this area as well. we have the cold front that is dpraging hot air from north, very hot in these areas.
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for exampling in sidney, as of 3:00 p.m., it's actually 37 degrees already. now, things are changing. temperatures will drop significantly. sidney, dropping to only 20 degrees. canberra, only 20 degrees on the last day of business week. so you'll notice that heating up once again on your sunday. so temperatures will be up and down opinion very tough weather for your bodies to cope with across australia. across the bay of bengal, a cyclonic system over the eastern part of the ocean. it's now afcing the islands with full force and now moving towards the southwest at a slow pace. it could become a very severe cyclonic storm. but by the time it reaches the northeast coast of india with it could be downgraded to a cyclonic storm and hit the locations by saturday night, i should say.
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and we're expecting strong winds and heavy rains. now we're expecting more than 200 millimeters of rain to fall across the locations. flooding and lands slides, all of them are going to be a very big issue over the weekend. now across the rest of east asia, looking quite dry across japan. but further towards the south, we have a couple of tropical disturbances. one here is a tropical depression, which could become a tropical storm within the next 24 hours. and it's now approaching the d philippine pipts's now a troop call storm but will likely become a severe tropical storm and cut across over the weekend. strong winds, high surf are going to be a very big concern across this location. across the north, looking dry across china as well as the korean peninsula and japan as well today. but a coming low pressure system in front, things will get wet and windy across most of skbra pan tomorrow. finally across europe, we are seeing very strong low pressure
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system moving into the continent. that is bringing very cold air from north. so temperatures actually very cold. we will show the figures in just a moment. meanwhile, we' talking about severe weather in italy. but things are finally gradually improving. and sunny weather across the iberian peninsula. temperatures very low in the northwest. only 12 degrees in london. 13 degrees in har paris and 12 in berlin, as well as stockholm. the south, into the 20s and across the east, 13 in moscow with plenty of sunshine. that's actually a higher than average on your thursday. here's the extended forecast around the globe.
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a team of researchers have discovered ancient a artifacts e inka era. their discovery could provide clues of unraveling the civilization of the ancient andes 2,000 years ago. for the past two months a joint team of archaeologists from bolivia and belgium have conducted an underwhat thor expedition of the lake. it's 4,000 meters above sea level above bolivia and peru. the researchers say they have retrieved more than 2,000 artifacts. they include stone statues from
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600 years ago. fragments of gold plated earthen ware date back 2,000 years. and some of the objects seem to have been brought in from chile. this suggested the incas had contact with neighboring regions before they were conquered by the spaniards. indigenous people sanked their treasures in the lake before the conquest. thanks very much for watching.
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tavis: good evening. from los angeles, i am tavis smiley. tonight, a conversation with musician jimmy carter, one of the founding members of the great gospel group, the blind boys of alabama. they first came together back in 1939. that amounts to more than seven decades touring and performing, a remarkable achievement for any music group. they have just released a new cd called "i'll find a way." we are glad you have joined us. a conversation with jimmy carter of the blind boys of alabama, coming up right now. ♪
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of the original group to still tour regularly. over the course of seven decades, performing and recording, they have won five grammy awards. they just released a new cd called "i'll find a way." let's take a look at a clip of the group and guest artists performing the title cut. fool ♪ll play the ♪ just for a day i'll find a way ♪ to carry it all ♪ ♪ to carry it all good to have you back on the program, sir. >> good to be here. tavis: congratulations on the
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new project. >> thank you. tavis: my heart was broken when i discovered and realized that our good brother clarence can no longer tour. clarence fountain. >> clarence has some health issues now. every now and then, he might come out to help with an album, but touring, he doesn't do that anymore. tavis: how many years would you guess that you and clarence to this together on the road? about eight years. tavis: that is a long time. how have you made the adjustment to not having him on the stage? >> when he passed me the torch, he said, this is your group now. he gave me some advice, of course. tavis: right. fun. said, you got to be you're not. [laughter] tavis: you've got to be firm
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with them because they will walk on you. you are a founding member. they can't walk on a founding member. you never know. these youngsters trying to walk on the fountain. speaking of youngsters, when you first joined the group, you were so young, in fact, that while you were part of the group, your mama wouldn't actually let you two are -- you tour. is that true? inwhen they left schooling 1944, they came to my house to pick me up, and my mom said, no, you can't have him. he's too young. he is not going. i had to catch up with them later on. tavis: how later was later on? >> it was late. [laughter] tavis: how did you process the fact that you were a part of this group? i know why your momma did it, but i also know what it feels a to be
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