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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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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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BBCNEWS Newsday July 6, 2024

broadcasting the viewers around the world. florida governor ron desantis has a officially announced that he will be running for us president in 2024. but his much anticipated campaign launch on twitter and audio chat with the site owner elon musk was hit with a series of technical issues. to individuals of technical issues. to individuals who - of technical issues. trr individuals who have done more to loosen. might have surprised many but not those who have worked with elon musk for nearly a quarter century. his freedom as putting money is were, elite institutions and corporate media and it s an incredible honour. to corporate media and it s an incredible honour.- incredible honour. to have governor incredible honour. to have governor ron incredible honour. to have governor ron desantis - incredible honour. to have governor ron desantis to | incredible honour. to have - governor ron desantis to make this announcement. this announcement. (music) and after this a ....

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BBCNEWS Breakfast July 6, 2024

# i m dreaming ofa # i m dreaming of a white christmas. we meet the members of the choir for people with dementia to find out how it s bringing relief and joy at the festive season. good morning. iam in i am in covent garden, where we will see a white christmas later on this morning. for most of us the forecast is a cloudy one with rain around, especially wales and central england, some brightness in the north, but even here later, some showery rain. details later in the programme. good morning. it s monday, the 18th of december. hamas officials say at least 90 palestinians have been killed in israeli air strikes on the jabalia refugee camp in gaza. it comes ahead of a vote by the un security council later today, calling for an urgent ceasefire in the territory. meanwhile, humanitarian aid has entered gaza directly from israel for the first time in more than two months, at the kerem shalm crossing. pictures released yesterday, showed aid vehicles entering through the city ....

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BBCNEWS Asia July 6, 2024

the mood in washington. with just one week left until treasury officials say they will run out of cash to pay its bills, the mood music from washington was upbeat. but a deal can be done to avoid default. i want to be clear. the negotiations we are having with speaker mccarthy are about the outlines of what the budget will look like, not about defaults. it is about competing visions for america. nothing will be resolved until we resolve them all. we know where our differences lie. we worked well past midnight last night, we are back at it today, trying to get to the conclusion so we can solve this problem. failure to reach an agreement could have global implications. fitch, one of the major credit rating agencies warned of a potential downgrade to the us credit rating if the deal isn t done. the us treasury department seized on this, saying it underscored the need for swift bipartisan action. the biggest sticking point remains spending. if they don t cut enough, they wo ....

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