let s start in the us, where there is growing footsteps. 0k. let s get started, shall we? the cameras do not want to play ball but i can walk back to this position. let s start in the us, where there is growing nervousness in financial markets over the possibility the us could default on its debt. a stand off in congress over plans to lift the federal debt ceiling which is currently at an eye watering $31.4 trillion has led to the cost of buying insurance against a us government default has moved to its highest level in more than a decade this month. so, later today, the republican speaker of the house kevin mccarthy will give a speech at the new york stock exchange, where he s expected to lay out the conditions republicans want democrats to agree to in exchange for movement on the debt ceiling. it sounds like a stand off. scott anderson is chief economist at bank of the west in san francisco. welcome to the programme. what will kevin mccarthy say? what is he going to p
With me are the bbc s deputy Political Editor, vicki young, and shadow business secretary jonathan reynolds, Transport Secretary mark harper, and Liberal Democrat olly grender. Yes, we had that big, important result for the conservatives, ben houchen has held onto the Tees Valley Mayoralty for a third term. You will know if you have been following all the Election Results that labour have won with a pretty historic swing the Blackpool South by election. There are a lot of people, of course, still coming in, we are yet to hear from counts right across the country, in terms of those local councils. Lets just get a thought, first of all, from our panel. So far, how disappointed are you . fin panel. So far, how disappointed are ou . Panel. So far, how disappointed are ou . , panel. So far, how disappointed are ou . ,. ,y you . On the cancer losses, clearly it is disappointing you . On the cancer losses, clearly it is disappointing to you . On the cancer losses, clearly it is disappointing
exit polls predict it will take as much as 34%, about 6% more than the left wing coalition new popular front. trailing in third is the centrist alliance of president emmanuel macron, withjust over 20%. national rally s leader marine le pen says macron s camp has been practically wiped out . here s what she told her supporters on sunday. translation: the people of france have thus - demonstrated unequivocally in this vote their desire to turn the page after seven years of the exercise of contemptuous, corrosive power. we thank the voters warmly and welcomed the result is a first step towards demonstrating a sign of confidence in us, which is an honour and an obligation. an estimated 65.5% of eligible voters cast ballots in the cast ballots first round of france s parliamentary election, according to polling company ipsos. that s the highest turnout in a french parliamentary vote since 1997. now, some party leaders are urging citizens to vote tactically in next week s second r