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Transcripts For CNNW The 20240704

With jake tapper starts right now the man trump calls old crow, is flying the coop the leads Ich Mcconnell there with his own 2024 plants, stepping down as Senate Republican leader, though hes going to stay on as a senator from kentucky. The new era of republican politics. Now, loading as a new highstakes restate kicks into gear to replace mcconnell, odds are the winter will likely be an old white guy named John Plus A Monster Wildfire in Texas Exploding at one point burning through 150 football fields a minute charring through land 11 size 11 times the size of washington, dc. Were going to go live on the ground as this fire and wide open land prompts evacuations in its path and President Bidens date with the dr. The report, do any moments after his annual physical welcome to the lean. Im jake tapper. We start with our Politics Lead and the end of an era on capitol hill, senator Mitch Mcconnell, the longest serving Congressional Party leader in american history, announced today hes ste

Transcripts For BBCNEWS Asia 20240706

us treasury secretary janet has again sent a letter to congress warning the treasury would be unable to satisfy its obligations as early as 1june. presidentjoe biden will meet top lawmakers including republican house of representatives speaker kevin mccarthy at 3p able a good time on tuesday. of course that meeting was postponed from last friday. samira hussain has more from new york. in less than two weeks the united states could fail to meet its debt obligations. if lawmakers in washington cannot come to some sort of agreement. the republicans have continued to demand cuts to social security before they will agree to raise the borrowing limit. us presidentjoe biden has repeatedly said he would not set conditions that must raise the debt limit his failure to do so would result in an economic catastrophe. some of the possible outcomes of the job losses, those that depend on social security benefits won t get paid, and of course the most dire of outcomes would be the loss of c

Transcripts For BBCNEWS Asia 20240706

yellen has sent a letter to congress warning the treasury would be unable to satisfy its obligations as early as 1june. presidentjoe biden will meet top lawmakers including republican house of representatives speaker kevin mccarthy at three pm local time on tuesday after that meeting was postponed from last friday. samira hussain has more from the ock. in less than two weeks the ock. in less than two weeks the united states could fail to meet its debt obligations if lawmakers in washington cannot come to some sort of agreement. republicans have continued to demand cuts to social spending before they will agree to raise the borrowing limit. us presidentjoe biden has repeatedly said he would not set conditions lawmakers must raise the debt limit because failure to do so would result in an economic catastrophe. some of the possible outcomes are job losses, those that depend on social security benefits were get paid, and the most dire of outcomes would be the loss of confidence t

Transcripts For BBCNEWS World Business Report 20240706

the uk has struck a deal to join a trans pacific trade pact consisting of 11 countries. together australia, brunei, canada, chile, japan, malaysia, mexico, new zealand, peru, singapore and vietnam account for 13% of global gdp. the pact called the comprehensive progressive agreement for trans pacific partnership aims to cut or reduce 95% of import charges or tariffs. but some will be retained to protect sensitive domestic areas. the initial gains for britain will only be marginal, as it already has free trade deals with 9 of the 11 countries involved, and the government s own estimates show being in the bloc will only add 0.08% to the size of the uk s economy. joining me now is marco forgione, dg of the institute of export and international trade. how big a win is this for britain? victoria, this is a huge achievement to the uk. there are three areas we need to look at whenjudging are three areas we need to look at when judging what s been approved. the first is the e

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