let s start in the us, where there is growing footsteps. 0k. let s get started, shall we? the cameras do not want to play ball but i can walk back to this position. let s start in the us, where there is growing nervousness in financial markets over the possibility the us could default on its debt. a stand off in congress over plans to lift the federal debt ceiling which is currently at an eye watering $31.4 trillion has led to the cost of buying insurance against a us government default has moved to its highest level in more than a decade this month. so, later today, the republican speaker of the house kevin mccarthy will give a speech at the new york stock exchange, where he s expected to lay out the conditions republicans want democrats to agree to in exchange for movement on the debt ceiling. it sounds like a stand off. scott anderson is chief economist at bank of the west in san francisco. welcome to the programme. what will kevin mccarthy say? what is he going to p
audio, as we think about text and images, a lot of the content has been created as likely or could be ai generated. and it s important to know that this might be the case.- important to know that this might be the case. you know, one needs might be the case. you know, one needs to, might be the case. you know, one needs to, again, - might be the case. you know, one needs to, again, take - might be the case. you know, | one needs to, again, take this approach one needs to, again, take this approach where we think about what approach where we think about what we approach where we think about what we want in a society before what we want in a society before we allow the release of these before we allow the release of these tools. before we allow the release of these tools- these tools. voice cloning for these tools. voice cloning for the public these tools. voice cloning for the public is these tools. voice cloning for the public is here these tools. voice cloning for
support poland and hungary, given theirfarmers may support poland and hungary, given their farmers may be facing similar pressures, a fine is one option and win over years now eu and hungary and relations have been particularly fractious over a range of issues. particularly fractious over a range of issues. russ, good to talk to you. range of issues. russ, good to talk to you, have range of issues. russ, good to talk to you, have a range of issues. russ, good to talk to you, have a good i range of issues. russ, good to| talk to you, have a good week. russ mould from ajay bell. aj. the value of the global cosmetics industry is estimated to be over usd$90 billion by 2030 with the majority of that growth expected to come from the asia pacific. with the digital world already reshaping the way we live, brands are increasingly using technology to immerse customers in their portfolio of products. will that translate into more sales? suranjana tewari has been finding out. lights. cam
latest trend. and brands are turning to technology to deliver. the world s largest cosmetics company is investing heavily in apps and gadgets and asia is proving to be a fertile testing ground. testing ground. this is a reuion testing ground. this is a region that testing ground. this is a region that 3 testing ground. this is a region that 3 million i testing ground. this is a - region that 3 million consumers have a very young if you look at benzey, 1.6 million people in this part of the world, these consumers are hyper protected, very digital, becoming more affluent and tend to spend more on beauty products gen z. to spend more on beauty products gen 2.- to spend more on beauty products gen z. many of the tools available products gen z. many of the tools available on products gen z. many of the tools available on the products gen z. many of the tools available on the market i tools available on the market rely on artificial intelligence or augmented reality.
this is bbc news with the latest business headlines for viewers in the uk and around the world. i m sally bundock. wall street on edge: investors anxiety intensifies as the deadline looms to raise the us debt ceiling. can a compromise be found? grain drain: the eu blasts as unacceptable a ban from poland and hungary on ukrainian grain imports to protect their farming sectors. auf wiedersehen to nuclear: as germany closes its last nuclear power stations, what does this mean for the country s transition to greener energy? and beauty in the digital age: how cosmetic brands are embracing technology to immerse customers in their products.