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Transcripts For BBCNEWS Asia 20240706

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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Transcripts For BBCNEWS Asia 20240706

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 ....

Presidentjoe Biden , Debt Ceiling Stalemate , Co Working , Karishma Vaswani , Asia Business Report , Janet Yellen , Debt Ceiling , Business Leaders , Emergency Talks , Samira Hussain , Debt Ceiling Crisis , Borrowing Ceiling , Global Economies , Social Security Spending , Political Parties , White House , Social Security , Government Agencies , Thousands Ofjobs , Treasury Bonds , Sameer Hussein Reporting , Bump Up , Stock Price , Whojoin Us , Tribeca Investment Partners , New York Stock Exchange ,

Transcripts For BBCNEWS Sportsday 20240706

and we ll start with everton. they pulled off a remarkable 5 1victory at brighton, who themselves are chasing a european qualification place. the win moves sean dyche s side out of the relegation zone. it was a superb display of counterattacking football from everton who were 3 0 up after 35 minutes. dwight mcneil and abdoulaye doucoure each scored twice. it means everton are two points above the drop zone with three matches left to play. you got it wrong and sometimes people forget it s not like you got it wrong. it might still be the right tactic. but they have taken on. it was very open minded to it. that s really pleasing, because that s the whole point of coaching, that s the whole point of managing. it is to have a format for them to work on and then go deliver it. to the players deserve a lot of credit tonight. to the players deserve a lot of credit tonight. they have taken that on. and not only taken her on but take along with a plum. it s a very pleasing thing ....

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Transcripts For BBCNEWS Sportsday 20240706

battling it out to survive the premier league relegation, and we ll start with everton. they pulled off a remarkable 5 1victory at brighton, who themselves are chasing a european qualification place. the win moves sean dyche s side out of the relegation zone. it was a superb display of counterattacking football from everton who were 3 0 up after 35 minutes. dwight mcneil and abdoulaye doucoure each scored twice. it means everton are two points above the drop zone with three matches left to play. you get it right and everybody lauds you, and you get it wrong people might think you have got it wrong and it s the right tactic. it might still be the right tactic. but they have taken it on. they was very open minded to it. that s really pleasing, because that s the whole point of coaching, that s the whole point of managing. it is to have a format for them to work on and then go deliver it. so the players deserve a lot of credit tonight. they have taken that on. and not only ....

Premier League , Real Madrid , Michael Matthews , Manchester City , Champions League Semi Final First Leg , Australia S , On Tuesday , Sports News , Giro D Italia , Relegation Zone , At Brighton , Sean Dyche , Drop Zone , Abdoulaye Doucoure , Dwight Mcneil , Leicester City , Big Trouble , Jamie Vardy , Tom Cairney , We Weren T Good Enough , Nottingham Forest , City Ground , Forest Climb , Taiwo Awoniyi , Steve Cooper , Theyjoin Leeds ,

Transcripts For BBCNEWS Asia 20240706

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 spends 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 approve 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 white house the two warring political parties go to try and work it out. ....

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