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where in a few hours�* time for emergency talks on how to deal with the country's debt ceiling. 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? michelle fleury, north america business correspondent. it feels oddly familiar, these last—minute talks to try and avert a crisis. last-minute talks to try and avert a crisis. , , , , ., ~ , crisis. yes. this is high-stakes olitical crisis. yes. this is high-stake...

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 ...

what a game later at the bernebeu where manchester city have the chance to get champions league revenge over real madrid when they go head to head. we can speak to olly foster. it is pep guardiola's treble chasing team against the team thatjust love this trophy. against the team that “ust love this tro - h . . against the team that 'ust love this tro - h . . ~ . against the team that 'ust love this tro . h . ., ~ ., ., against the team that 'ust love this troh . . . ., against the team that 'ust love this troh. . ., ., ' trophy. real madrid have won it 14 times, trophy. real madrid...

Governments like china, that is where you get into the global dimension, and if people lose faith in the ability of the us government to honour its debts especially us treasuries, no one is sure what that was due to the bond market because we have never really been here before and that is why we have these predictions of potentially huge upheaval in global financial markets. i upheaval in global financial markets. ~ ., ~ , , markets. i know you will keep us u dated markets. i know you will keep us undated but _ markets. i know you will keep us updated but for _ markets. i know you will keep us...

Potential ripple are —— it is the implications of america not paying the interest on its debt that has a potential ripple effect around the world. if this is undermined, we are in a whole new world where we have never been before. it is in a whole new world where we have never been before.— never been before. it is always good to talk to you. _ never been before. it is always good to talk to you, michelle, _ never been before. it is always good to talk to you, michelle, thanks - never been before. it is always good to talk to you, michelle, thanks for. to talk to you, michelle, thanks fo...