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all these interlocking global forces meant i had one question for one of the most important people in globalfinance, the managing director of the international monetary fund. kristalina georgieva, a real pleasure, my friend, having you on this show. and kristalina, let s start with this, because you ve recently said a third of the world is heading into recession this year. how deep do you think the recession could be? what we are looking into is a tough 2023. as you know, we are already experiencing labour market disruptions. when inflation cuts the spending power of people, sooner or later they demand higher wages and if they don t get it, they re on the street. and that kind of disruption we have to be prepared for. and if i have one message to policymakers today, it is, please look into the way you can protect the most vulnerable people given that fiscal conditions are tight, and anticipate the impact of high interest rates on labor markets early . and it wasn t jus ....
we ll talk to congressman bob goode from the freedom caucus about their sticking points. first to lucas tomlinson, who joins us live at the white house. always good to see you, lucas. what are you hearing? president biden returned from his asia trip earlier to negotiation with kevin mccarthy over the debt ceiling. they met one time. now, it s back on monday. here s mccarthy at the capitol. the american public wants to see us curve our spending addiction, curve inflation that they created by adding $6 trillion and they want to see us cut the red tape that americans can build things again. that s exactly what we re doing. the white house had a sharper rebuke to recent comments on your show from the chair woman of the republican party. ronna mcdaniel would bode well for republican officials. now, a fox news poll says she could be right. more people would blame the president if mccarthy and biden fail to reach a debt limit agreement. 47 to 44%. former federal reserve ....
hello, everyone. thanks for joining me this saturday. i m fredricka whitfield. we begin this hour in washington where right now negotiators are back at the table as they race to end the debt ceiling standoff. republican leaders and white house officials are returning a short time ago, after a marathon session lasted well into the night, the clock is ticking, to get a deal in place, before the u.s. defaults on its loans. the national deficit continues to soar. with no rise to the borrowing limit, the u.s. will default on its loans which could be catastrophic to the economy. the treasury secretary now is saying the deadline for an agreement is just eight days away. but talks are teetering on the brink, with at least one top republican negotiator warning that a deal could come together as soon as today, or fall apart entirely. cnn is following the latest. good morning. you re on capitol hill, and you spoke to the house speaker kevin mccarthy. what did he say? is he optim ....
Far as of the aid package would be a major shift and some members of his party are livid. Today does a deal as a House Democrat i say exchange ukrainian lives for Asylum Seekers lives . A member of the committee who says shes a hell no on what the white house is considering is with us. Plus she calls it palestinian rights. A middle School Teacher is being kept out of classroom over an email signature that included a controversial phrase. That teacher is here to explain her intent and her Dis Discrimination complaint. Plus a 10yearold boy arrested for relieving himself in public when he couldnt find a accbathroom. Youll hear from the boy ask his mother who says this wept too far. Im Victor Blackwell. Lets ....
leaders of the world s wealthiest democracies sent a message to russia and china during the second day of the g7 summit. ukraine president volodymyr zelenskyy is among the non-member leaders invited to the summit. he is boosting support for his country in the war with russia. zelenskyy is expected to address some leaders tomorrow, but today he held sit-downs with some leaders. providing military aid to ukraine was one of the items for the g7 leaders, but the leaders of japan, germany, italy, united kingdom and the u.s. issued statements on china to help end the war in ukraine and establish sustainable economic relations. ongoing negotiations over the debt ceiling have been a subject of interest at the gathering. during a meeting with australia s prime minister, president biden was asked about the talks and said negotiations are progressing as he expected. we have team coverage. jasmine wright is live in washington. nic robertson is standing by in ukraine. let s star ....