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BBCNEWS BBC July 6, 2024

the release includes infamous former defence contractor leonard glenn francis known as fat leonard. he s at the center of one of the us navy s largest corruption cases. in exchange the us has freed alex saab, an aide and top ally to venezuela s president nicolas maduro, accused of laundering money on behalf of the maduro government, which he denies. mr maduro is also releasing 20 venezuelan political prisoners. it s all part of the biden administration s efforts to improve relations with venezuela, and push mr maduro to hold fair elections next year. earlier, i spoke with our reporter mimi swaby about the deal. president byers was emphasising that this was all about encouraging venezuela to hold free and fair elections. how much leveraged you think the biden administration has in that regard? this is yet another sign of significant flowing between relations between the us and venezuela after months of really high level negotiations. this comes as biden is grappling ....

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CNNW CNN July 6, 2024

they have a deal. now they need the votes. the republican-led house is expected vote this week on the new debt deal as the treasury secretary warns that the united states is going to default on the debt one week from today. huge explosions in kyiv as russia launches a rare daytime attack on the capitol. we have the assessments of the damage. and now, it is memorial day in honor of the soldiers who have died in service to the nation. and this is the tomb of the unknown soldier. the president and first lady will participate in a wreath laying ceremony. we will bring that to you are right here on cnn news central. the clock is ticking, but there are real signs of progress. a breakthrough in the negotiations over the debt ceiling over the weekend, and deal among the leaders, but will the other lawmakers follow their lead? one week from today, the united states could default on the debt which is unprecedented as we have talked about so much. president biden and house ....

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MSNBCW Katy July 6, 2024

nbc news that jack smith has a tape of donald trump talking about a classified document he took with him from the white house. an audio recording of the former president talking to aides about iran, and a document he knew was classified. detailing a potential u.s. attack. cnn reports that according to their sources trump allegedly acknowledged that its classification limited his ability to share it. nbc news has not heard the recording but our source tells us that it was played during grand jury testimony. donald trump has denied any wrong doing. ken dilanian is with us to explain what we know. andrew weissmann is here to explain the significance. and vaughn hillyard will join us in just a moment from the campaign trail with how things are going on the road as donald trump tries to block out ron desantis. what exactly are the two men saying or not saying about this new reporting? joining me now is nbc news justice and intelligence correspondent ken dilanian. so, ken, wh ....

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CNNW CNN July 6, 2024

you are live in the cnn newsroom. i m jim acosta in washington. in washington, the clock is ticking and the push is on. president biden and house speaker kevin mccarthy are racing to sell a tentative debt ceiling agreement to their respective parties. minutes ago, the president confirmed that he spoke with mccarthy by phone. they finalized the last of the details and said the deal now moves to the full congress for its approval. if they reject it or can t iron out their differences before june 5th, the u.s. could default on its debt, a scenario many experts say would be disastrous. not just for the u.s. economy, but for the global economy as well. and that threat still looms ominously over the capitol at this hour. up on capitol hill, lawmakers from both parties have their reservations. so passage is not guaranteed and all of this is unfolding as that fiscal deadline gets ever closer. cnn s priscilla alvarez is over at the why for us. eva mcken is live on set. let s b ....

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BBCNEWS Asia July 6, 2024

i think the concern right now is really kind of concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% is because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it increases freight costs. and it has increased insurance costs. so that is what the market is pricing and looking at this point. the market has not entered a panic mode, as we ve seen in the past with other geopolitical events, where it starts to price in supply is lost from the market. right now, it is a logistical re routing, what we are seeing, and not kind of that panic and fear that we are going to lose barrels. that obviously can change very rapidly, and we have seen that obviously can change very rapidly. the venezuelan president ....

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