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BBCNEWS World July 6, 2024 - Vimarsana News

BBCNEWS World July 6, 2024

some reports say the treasury secretary, janet yellen, has been personally calling chief executives to warn them of the dire consequences a default could have on the us and the global economy. so how did washington end up here — again? samira hussain has been investigating. first of all, this debt ceiling crisis is actually a political crisis, itjust happens to hinge on a must pass piece of legislation to save the country from economic catastrophe. so what exactly is happening here? major consequences for the economy... the us could default on its debt in a matter of weeks... debt ...

BBCNEWS Asia July 6, 2024 - Vimarsana News

BBCNEWS Asia July 6, 2024

on us and global economies. so how did washington get here — and what would happen if the borrowing ceiling is not lifted? my colleague samira hussain has been investigating. the first of all, this debt ceiling crisis is actually a political crisis. itjust happens to hinge on a months pass piece of legislation to save the nation from economic catastrophe. so what exactly happening? weeks to go before the federal government is unable to pay its bills. will the us government spend more money that it brings in. so it needs to boro money to pay its bills. it can only boro a certain amo...

BBCNEWS Asia July 6, 2024 - Vimarsana News

BBCNEWS Asia July 6, 2024

a default could have on us and global economies. so how did washington get here — and what would happen if the borrowing ceiling is not lifted? my colleague samira hussain has been investigating. first of all, this debt ceiling crisis is actually a political crisis. itjust happens to hinge on a must pass piece of legislation to save the nation from economic catastrophe. so, what exactly is happening here? weeks to go before the federal government is unable to pay its bills. well, the us government spend more money that it brings in. so it needs to borrow money to pay its bills. it ...

BBCNEWS World Business Report July 6, 2024 - Vimarsana News

BBCNEWS World Business Report July 6, 2024

britain's largest energy supplier, centrica, is to reveal record profits today on the back of a surge in wholesale gas prices linked to the war in ukraine, just weeks after suspending the forced installation of prepayment meters over concerns of its treatment of vulnerable customers. many families are struggling to pay their energy bills, with a quarter losing sleep over it. centrica's boss chris o'shea has been urged to waive his bonus. kathryn porter is an energy consultant and founder of watt—logic. by by any one's numbers, £3 billion, it is a huge amount of money and it's goin...

BBCNEWS World Business Report July 6, 2024 - Vimarsana News

BBCNEWS World Business Report July 6, 2024

which are demanding significant pay rises for their workers, want to increase the pressure on employers ahead of another round of negotiations. let's get more on that. with me now is michael field, european market strategist at morningstar. thanks forjoining us. this is a battle that we are seeing play out in many countries dealing with cost of living crises. zoning in on germany, talk to us about what circumstances the transport workers are fighting. i circumstances the transport workers are fiaahtin. ~ , ., , circumstances the transport workers are fighting-— are fighting. i thin...