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cost—of—living crisis. now on bbc news unspun world withjohn simpson. hello and thanks forjoining me here at the bbc�*s headquarters in central london. is there any sign yet of the much—heralded counteroffensive by ukraine? for the west, in ukraine, if they were to go too early ahead of all of that hardware being in place, then we could see the front lines we see now in place for some time to come. after the g7 summit in hiroshima, is a chinese attack on taiwan more likely or less likely? i think for now, xi jinping has made the calculation that he simply can't afford to inva...

not default in 11 days when the u.s. government runs out of money and is unable to pay its bills. we have team coverage of all of these new developments. phil mattingly is in japan at the g7 summit. let's begin with melanie in washington, d.c. help us understand where things stand. is the president optimistic? >> reporter: what i would say is the talks have not blown up completely yet but they are hanging by a thread. after a weekend of rejected offers, installed talks, the negotiators were really looking for a much-needed reset and they may have gotten it in that phone call today be...

high stakes debt talks. just moments ago we learned that president biden has agreed to meet with house speaker kevin mccarthy tomorrow in the nation's capital. and staff level talks between the two sides will resume in a 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 he threw home from the g7 aboard air force one. and before departing japan, biden painted a grim picture telling reporters that he cannot guarantee the u.s. will not default in 11 years when the u.s. government runs out of money and i...

minute president biden will hold a live press conference wrapping up the g7 summit. plus biden will return to washington as the u.s. inches ever closer to running out of money to pay its debts. a look at what could be on the table when he speaks to kevin mccarthy later today. and wagner's forces say they've taken control of bakhmut after months of bloodshed, but ukrainian officials claim the fight isn't over. we'll take you live to ukraine for the very latest. so u.s. president joe biden returns to washington later today where the debt ceiling crisis remains unresolved at this ho...

>> the full faith of the credit of united states is in the balance. >> there is no bipartisan deal to be made solely on the partisan terms. >> it seems as though he wants default more than he wants a deal. >> i will never give up. >> he claims the troops are pulling out of ukraine on may 25th. they claim to have captured bakmut. >> that is a incredible step to take. >> the country which is bigger than we are cannot occupy us k. not win in this war. >> south carolina's tim scott now has his sights set on the white house. >> i'm looking forward to optimistic positive leadership as anch...