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BBCNEWS BBC News June 4, 2024 04:22:00

Is using it for leverage? of course. the path forward on the world economy is still in the shadow of political and diplomatic decisions, and notjust between russia and ukraine. also china. the big hope is that the reopening of chinas economy from three years of covid lockdown changes everything, but it is a big risk, too. please welcome vice premier liu he. with a message from president xi, its vice premier said the chinese economy was returning to normal now restrictions had been lifted, inviti...
World Economy China S Covid Lockdown President Xi Cold War

MSNBC Katy Tur Reports June 4, 2024 19:06:00

Mccarthy as marjorie taylor greene did, but there is no penalty to opposing him. none of those who stood up against him seem to have paid any sort of price. >> no, i mean he went 15 rounds, and eventually had to give them what they wanted for them to say yes. garrett, lets talk about the national debt, and raising the debt ceiling, because thats the other policy issue thats being spoken about a lot, in terms of what sort of leverage mccarthy does or does not have on the holdouts and those who wa...
Congressman Marjorie Taylor Greene Debt Ceiling Policy Issue Let S Talk Hasn T Tea Party

CNN The Situation Room With Wolf Blitzer June 4, 2024 23:45:00

Linked to spending cuts, which is hard for democrats. and heard a hard line congressman andy biggs tweeted, we cannot raise the debt ceiling. democrats have carelessly spent and devalued our currency. the white house is punching back. this is part of an emerging strategy from the white house to try to take republicans head on over this issue. spokesman andrew bates for the white house said in a statement, biggs is dead wrong to actively support the ruin of millions of americans livelihoods, 401k...
Debt Ceiling Andy Biggs Spending Cuts White House Spokesman Andrew Bates Wolf Blitzer

MSNBC The 11th Hour With Stephanie Ruhle June 4, 2024 07:27:00

Longer and a lot harder, so thats what were trying to avoid. >> were thinking about those 40 civilians, ukrainian civilians died over the weekend, senselessly. jason, thank, you every time you come you make us smarter. i appreciate you being here. >> when we come, back republicans are threatening to use the debt ceiling, as the leverage against democrats. if that move sounds familiar, its because it happened just over a decade ago. one of our next guests lived through it. hes got a firsthand exp...
U S Jason Garrett Debt Ceiling Democratic Party 11th Hour Low Rate

CNN Early Start With Christine Romans June 4, 2024 10:19:00

Thats when the fireworks usually break out. >> our debt is out of control. i mean, were talking about over 30 trillion dollars. >> me? id get rid of the debt ceiling altogether. it serves no function except to create leverage. >> theyre difficult political times. nobody likes them but they are necessary evils in a sense because its the only time that you can actually negotiate ways to get our budget under control. >> many say raising the debt ceiling is a license to spend more money and grow the...
Debt Ceiling 130 Trillion Dollars 30 Trillion Le Limit Congress United States Spending Bills

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CNN Early Start With Christine Romans June 4, 2024 10:20:00

Stain americas global reputation. >> thats your background. with me is the chief u.s. strategist. greg, house democrats want concessions. >> the chances are not zero, christine. this is the first time in decades that this is really a serious threat. i wrote the other day i thought it was 60/40 wed get a deal but does it really mean theres a 40% chance of default? thats unthinkable. >> it is unthinkable. if you look at the new house republican majority, and the priorities, it wants to use this de...
White House United States Greg Valliere Christine In 60 40 Republican Majority

MSNBC The 11th Hour With Stephanie Ruhle June 4, 2024 07:26:00

This its untenable, and were risking our own security. we also have other strategic partners, defense initiatives with taiwan, the south pacific, into china, so theres a lot on the plate here, and the last thing we wanted to do is reinforce what vladimir putin together with xi jinping, and our, and states like that coalesce as sort of enemies, or aggressors for us. we really need to kind of watch for smart diplomacy behind the scenes. >> then what will stop putin, in your estimation? >> he also ...
Defense Initiatives Vladimir Putin South Pacific U S Xi Jinping

BBCNEWS BBC News at Ten June 4, 2024 22:21:00

So, yes, we hope, but of course we need your assistant in this war to gain this victory this year. but elsewhere, one of the worlds leading fertiliser firms warned that the west was repeating its mistake of dependence on russia, and this threatened food prices. putin has weaponised energy and they are weaponising food as well. with food and fertiliser, half of the worlds food production is dependent on fertiliser and if you see significant disruptions on that, thats a very powerful weapon. and y...
Fertiliser Firms Food Production Food Prices World Economy Covid Lockdown

CNN Early Start With Christine Romans June 4, 2024 10:05:00

Government spending to avoid defaulting on the governments debt. republicans to back down from their threat to use the debt ceiling as leverage to force democrats to accept spending cuts. >> we dont want to put any fiscal problems to our economy, and we wont. but fiscal problems would be continuing to do business as usual. >> the u.s. is expected to hit that $31.4 trillion statutory debt limit by thursday. that forces the treasury department to start something known as extraordinary cash managem...
Government Of Nepal Government Spending Debt Ceiling Spending Cuts Business As Usual Debt Limit

CNN CNN Newsroom June 4, 2024 20:44:00

Time, siamak was in an iranian jail, and he wasnt part of that group. so hes reminding biden of that. biden was the vice president at the time during the obama administration, and here is his ask to biden at this time. in this letter saying, quote, in the past, i implored you to reach for your moral compass and find the resolve to bring the u.s. hostages in iran home. to no avail. not only did to we remain irans prisoners, but you have not so much as granted our families a meeting. all i want, s...
Joe Biden Vice President He Wasn T U S Letter Saying National Security Council

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