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Transcripts For BBCNEWS Asia 20240706



must approve raising the debt ceiling or the country could default on its financial obligations. it has until the first ofjune to sign an agreement or the us could face an economic catastrophe. in an economic catastrophe. in “ust an economic catastrophe. in just over two weeks the united states could run out of money to pay its debts. the consequences of breaching the debt limit would be catastrophic for the country. and there is pressure on democrats and republicans to make a deal beforejune first. us presidentjoe biden spoke about the debt ceiling negotiations before leaving for the g7 summit injapan, a trip he is cutting short to get back to washington to continue the talk. i to washington to continue the talk. . . . to washington to continue the talk. ., . ., ., talk. i made clear that enable sad again. talk. i made clear that enable sad again, america talk. i made clear that enable sad again, america is - talk. i made clear that enable sad again, america is n ....

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Transcripts for BBCNEWS Asia Business Report 20240604 00:32:00

Agreement. coming days until reach an agreement- coming days until reach an agreement. coming days until reach an aareement. , ., agreement. president biden and congressional agreement. president biden and congressional leaders agreement. president biden and congressional leaders have - congressional leaders have agreed the country will not default but the consequences would be dire for the american economy and all sides are common wouldn t that they will be able to get a deal done. but negotiations are getting down to the wire and that kind of uncertainty is never good for financial market. uncertainty is never good for financial market. that us debt ceilinu financial market. that us debt ceiling may financial market. that us debt ceiling may be financial market. that us debt ceiling may be part financial market. that us debt ceiling may be part of- financial market. that us debt ceiling may be part of the - ceiling may be part of the discussion as the leaders of some of t ....

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