Keeling Over News Today : Breaking News, Live Updates & Top Stories | Vimarsana

politicsnation. tonight lead, not there yet. >> right now, the economic free world is holding its breath. as washington appears to have a way out of this impasse over our debt ceiling. president biden and republican house speaker, kevin mccarthy, announcing last night that a tentative deal has been reached, that would allow both sides to claim a victory. with short term domestic spending curtailed in line with house republican demands, and economic crisis averted to the delight of democrats in the rest of the sensible world. but that looming june 5th deadline to raise the ceiling has...

We know this weekend has been a busy one for congress and your caucus, specifically as you prepare to jump on this call with president biden, the white house officials to discuss the debt ceiling deal. ahead of wednesday's house vote. what are your thoughts tonight on the deal notes in the concessions president biden made to get a bipartisan deal with speaker mccarthy? >> reverend, i don't want to get ahead of the house leadership, here's where i think the american people need to know just what happened. the democrats were the adult in the room, frankly, we work to avoid a catastrophic default...

down 9 1/2%. so what happens next? and is your money safe? these are the questions for legal ber and ali velshi. i'll start with you with the usual entreaty. what is going on, ali? >> the french economy, actually no growth in the quarter. global economies are slowing down. we're dangerously close to a recession. we may need more intervention from the european bank and more from the fed. you've been talking about this piers, that rick perry said we can't have more intervention. if the fed intervened it would be treasonous. what's that setup? we have no political agreement in this coun...

with the usual. what is going on, ali? >> look, we started off the day this morning with a rough night in asia. european markets on news that, you know, the german economy, the strongest in europe has weakened to almost a stall, the french economy, absolutely no growth in the quarter. that took u.s. markets downright off the top. but before that, more than 12 hours ago, we got a report from morgan stanley to say what we've all been saying, global economies are slowing down, that they were on the -- we're dangerously close to a recession, we may need more intervention in europe from t...

with the usual. what is going on, ali? >> look, we started off the day this morning with a rough night in asia. european markets on news that, you know, the german economy, the strongest in europe has weakened to almost a stall, the french economy, absolutely no growth in the quarter. that took u.s. markets downright off the top. but before that, more than 12 hours ago, we got a report from morgan stanley to say what we've all been saying, global economies are slowing down, that they were on the -- we're dangerously close to a recession, we may need more intervention in europe from t...