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joe biden met with kevin mccarthy earlier today. both men said talks were productive and repeated the stance that the default is off the table. to avoid that, though, they will have to work out an agreement with the next ten days. negotiators have been trying to strike a deal to avail the default. sources say the white house is offering. both men said talks were reproductive and repeated their stance that a default is off the table. to avoid that, they will have to work out an agreement within the next ten days. even before president biden met with house speaker kevin mccarthy, negotiators were once again around the table, trying to strike a deal to avoid a default. sources say the white house is now offering to keep spending flat from this year to next, while republicans, they say they want to increase defence spending while cutting everything else by up to 22%. treasury secretary confirmed over the weekend that during the first is the hard deadline when the government ....
that no agreement has been reached. both men had met earlier this morning and before the talk said sounded a note of optimism. they have just ten days left to reach a deal to increase the government borrowing limit or trigger a default. from new york. even before president default. from new york. even before president biden - default. from new york. even before president biden with i before president biden with house speaker kevin mccarthy negotiations were once again around the table trying to strike a deal to avoid a default. sources say the white house is now offering to keep spending flat from this year to next. while republicans, they say they want to increase defence spending while cutting everything else by up to 22%. treasury secretary janet yellen confirmed over the weekend that june one is the hard deadline when the government can no longer pay its bills. and the deadline for a deal may actually be sooner in order for it to pass the house and senate in time. ....
Always opportunities that you cannot ignore. when it comes to the usace china relations, it is complex. what we welcome is actually seeing the uk position on china around the engagement piece and we saw that any integrative review refresh and even a and the mansion house speech from the secretary of state around not oversimplifying china but also seeing china as an engagement, collaboration and this is exactly what businesses want to see. we want to see the resumption of dialogue and now that covid is out of the way, we can restart these dialogues and start these communications, looking at economic financial dialogue, whether it is seeing ministerial visits that will go a long way to restoring that trust and building that confidence for businesses here. tiktok has sued the us state of montana to prevent authorities there from slapping an overall ban on the video sharing app. ....
Geopolitical tensions remain. geopolitical tensions rank number one in terms of the challenges that businesses are facing. however, when we look at relationships at such a complex subject and not something that any single actor can address. we know about geopolitics, there s always going to be redlines that you can t cross but also always opportunities that you can ignore. when it comes to the uk china relations at very complex. what we welcome is actually seeing uk s position on china around the engagement piece and we saw that in the integrated review refresh. and evenin integrated review refresh. and even in their recent house speech from the secretary of state around not oversimplifying china but also seeing china as an engagement for collaborating where interests are aligned. this is exactly what businesses want to see. we want to see the resumption of dialogue now that covid is out of the way we can restart this dialogue and communication, looking at economic financial dialogue ....
Playbook in terms of considering a new approach to north korean policy. trump announced that his approach to north korea would be maximum pressure and engagement earlier this year, we ve seen a lot of pressure. additional sanctions on north korea. united states has worked with south korea on missile defense. but the engagement piece has been missing. so right now what i think the trump administration needs to do to address this threat is send a clear message to north korea that the united states is willing to talk without conditions because that s the only way that we re going to halt north korea s progress on both its nuclear and missile programs. that s a real break from past administrations. well, past administrations have also followed in the same vein of trying to increase pressure through sanctions, but waiting for north korea to come to the table. the united states cannot afford to wait any longer. this new assessment is alarming but it s not surprising because north korea h ....