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BBCNEWS Asia July 6, 2024

has the latest from new york. there is a roughly one in four chance that the us will hit the so called x date that s when the government runs out of money to pay its bills without a deal to raise the debt limit. that is according to the banking giantjp morgan chase. and they say the odds are getting worse. that forecast comes after house speaker kevin mccarthy said on wednesday that he thought progress could be made, but warned that the two sides remain far apart. republicans are warning that any deal must cut future federal spending in exchange for raising the debt ceiling a red line for the white house. republicans are demanding that any deal must cut future federal spending in exchange for raising the debt ceiling a red line for the white house. on wall street, us stocks fell as investors have been watching these talks closely for any sign of an agreement. and even if a deal is done in time, economists say that depending on the details, cuts to government spe ....

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CNNW CNN July 6, 2024

sunday. live picture from the kennedy space center in florida where in just 90 minutes from now four passengers will lift off on a private mission to the international space station. the crew on board the axiom 2 mission includes the first woman to command a private space flight and the first saudi arabian woman to travel to space. much more on this historic mission later on this hour. first, we continue to cover the fast-changing developments in the high stakes talks to avoid a looming debt crisis. just a short time ago president biden and speaker of the house kevin mccarthy agreed to meet for another round of negotiations on raising the debt limit. and staff level talks between the two sides will resume in the next few hours. the two men agreeing to a one-on-one meeting after what mccarthy called a productive phone call today with the president, as the president flew home from the g7. so before departing, biden painted a grim picture of the talks telling reporters whi ....

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BBCNEWS Nicky July 6, 2024

he doubled down, no ifs, no buts, a lot of ifs and buts: taking back control, we are in control of legal migration, we grant the work visas, study visas, are you worrieded this is unsustainable, driving down wage, straining public services? are you encouraged, pleased we have the people we need the worker, the students keeping the great academic institutions solvent. migration, if we need it, we need it. and ukraine and hong kong are very much part of the mix here as well. we have top bbc experts, the best kind on hand, we have you on the phone, get in touch, if you have come here, you a business that needs migrant workers get in touch. here is news. figures out figures out in around half an hour are likely to show net migration to show net migration reached a record high last year. the office for national statistics is expected to put the figure at around 700,000 well above the previous high of 500,000. the energy regulator has cut its price cap for england, wales and scotla ....

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CNNW CNN July 6, 2024

hello. thanks for joining me. i m fredricka whitfield. president biden will officially meet with ukraine s president zelenskyy at the g7 in japan tomorrow. the white house confirming just a short time ago ukraine scored a key victory with the u.s. after the biden administration signaled it will permit allies to send f-16 fighter jets to the war-torn nation. other g7 leaders have been meeting with zelenskyy. they offered their support for, quote, as long as it takes. g7 meetings are not just about ukraine. leaders are also weighing in on how to confront china s increasing military power. cnn s phil mattingly is in hiroshima. can you give us a preview of what the meeting might be like? reporter: a preview of the day, because i think that s important in the context of things. yes, the bilateral meeting between president biden and president zelenskyy, the first face-to-face meeting between the two since president biden s surprise trip to kyiv earlier this year. there was ....

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BBCNEWS Asia July 6, 2024

reach a deal on the country s debt ceiling, with the us house speaker kevin mccarthy saying on wednesday that negotiators remain far apart. our north america business correspondent michelle fleury has the latest from new york. there is a roughly one in clutch make chance that the us will hit the so called x date, when the us government runs out of money to pay its bills, before the dental ministries. that is according toj.p. morgan chase. they say the other any worse. debt limit raises. kevin mccarthy said he thought progress could be made but warned the two sides remain far apart. but warned the two sides remain farapart. her pub but warned the two sides remain far apart. her pub concert amending that any deal must cut future federal spending in exchange for raising the debt ceiling, a redline for the white house. on wall street, us stocks fell as investors have been watching these talks closely for any sign of agreement. and even if a deal is done in time, economis ....

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