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BBCNEWS Asia July 6, 2024

on us and global economies. so how did washington get here and what would happen if the borrowing ceiling is not lifted? my colleague samira hussain has been investigating. the first of all, this debt ceiling crisis is actually a political crisis. itjust happens to hinge on a months pass piece of legislation to save the nation from economic catastrophe. so what exactly happening? weeks to go before the federal government is unable to pay its bills. will the us government spend more money that it brings in. so it needs to boro money to pay its bills. it can only boro a certain amount of money. and if it needs to boro more, congress has to prove that. it used to be a routine thing, but not any more. republicans see this as an opportunity to extract demands, like cuts to affordable housing or other social security spending. but the us presidentjoe biden says no way. you need to pass this legislation with no strings attached. so off to the white house the two warring poli ....

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BBCNEWS Asia July 6, 2024

a default could have on us and global economies. so how did washington get here and what would happen if the borrowing ceiling is not lifted? my colleague samira hussain has been investigating. first of all, this debt ceiling crisis is actually a political crisis. itjust happens to hinge on a must pass piece of legislation to save the nation from economic catastrophe. so, what exactly is happening here? weeks to go before the federal government is unable to pay its bills. well, the us government spend more money that it brings in. so it needs to borrow money to pay its bills. it can only borrow a certain amount of money. and if it needs to borrow more, congress has to prove that. it used to be a routine thing, but not any more. republicans see this as an opportunity to extract demands, like cuts to affordable housing or other social security spending. but us presidentjoe biden says, no way. you need to pass this legislation with no strings attached. so off to the ....

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BBCNEWS World July 6, 2024

business stories. i m sally bundock. we start here in the uk, and what else but the coronation of his majesty king charles? as we ve been hearing, it s been an historic weekend, from the pomp and pageantry and a bit of rain on saturday to a day of street parties and a night of fantastic music to round off the celebrations. all driving some serious weekend spending, predicted by retailers to be worth something in the region of almost £1.8 billion. but as many continue to struggle with the current high cost of living, how long can the spending optimism last? katrina bishop is from consumer research company niq. let s talk this through. katrina, a warm welcome to you. morning. katrina, a warm welcome to you. morninu. ., . , , . morning. for many sectors in the uk that morning. for many sectors in the uk that have morning. for many sectors in the uk that have been - the uk that have been struggling, like hospitality, this was a huge boost, wasn t it? it this was a huge ....

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BBCNEWS Sportsday July 6, 2024

the north east of scotland but elsewhere it is pretty warm. generally in the mid to high teens. this is the next feature living in for saturday. it could be a dry start for many for saturday. some early sunshine in central and northern areas but the rain will get going into central and southern areas and heavy bursts moving north, and that will be followed by further showers across the south into the afternoon. it really is quite a mixed day. temperatures may be a degree or so down, with more cloud around and the outbreaks of rain. for sunday, possibly at the moment sunday looks like the best day for england and wales. it could be dry with good spells of sunshine, showers for scotland, northern ireland and for the bank holiday monday looks like we will see early rain clearing to sunshine and showers into the afternoon. to recap, saturday, rainforsome, could be wet for some, sunday probably the best day of the weekend. stay tuned. monday, rain followed by sunshine and sh ....

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BBCNEWS BBC July 6, 2024

hello, i m sally bundock. welcome to the programme. we begin with breaking news, a story developing overnight. the israeli military has carried out air raids in the gaza strip, striking targets belonging to the islamichhad militant group. palestinian officials said three commanders of the group were among at least 12 people killed. several others have been wounded. powerful explosions were heard throughout gaza city and rafah in the south of the gaza strip, causing panic among residents. in a statement, the al quds brigade, the military wing of islamichhad, said resistance to israel would continue. the death in israeli custody of an islamichhad hunger striker last week was followed by the firing of hundreds of rockets from gaza into israel. soon we will go live to gaza city to speak to rushdi abualouf. three senior officials killed in gaza airstrikes, his say the israeli military launched strikes against the militant group on tuesday. these are the pictures we are recei ....

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