thanks to new brands. nike set sales of footwear in north america, which is its largest market fell 5%. in china, another key market which is slowly recovering from a footwear sales were down 1%. now, on the bright side, if you take footwear sales together with nike sales of footwear in north america, which is its largest market fell 5%. nikkei executive said they are working to improve things announcing $2 million in cost us over the next three years. it plans to simplify its product line up and increase its use of technology and to streamline the overall organisation. the plan is going to cost the company 400 million, $450 million. the nikkei boss said we are embracing a companywide journey to invest in our areas of greatest potential, adding that the company sees an outstanding opportunity to drive long term profitable growth. and after the retail giant warned that demand would continue to be weakfor at demand would continue to be weak for at least the next six months, inv
welcome to the programme. ukraine has been a common theme at two major leaders summits. we will cover it all here tonight on the context. on the first day of their annual meeting injapan, g7 leaders agreed new sanctions against russia. meanwhile in saudi arabia, president zelensky made a surprise visit to the arab league gathering, urging those attending, to support ukraine. also making the headlines at that summit president assad of syria it s the first time he s been invited to the arab league since the devastating civil war, that s blighted the country. and later in the programme we have a special report from the new york times which has uncovered shocking evidence of the greek coastguard abandoning asylum seekers in the sea. but first let s focus in on the g7 summit injapan. the leaders have agreed new sanctions against russia. they said the measures would starve moscow of their technology, industrial equipment, and services that supported its war against ukraine.
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 limit measuresl may be exhausted. weeks to go before the federal government is unable to pay its bills. well, the us government spends more money than it brings in, so it needs to borrow money to pay its bills. it can only borrow a certain amount of money and if it needs to borrow more, congress has to approve that. it used to be a routine thing but not any more. republicans see this as an opportunity t
stories and we started in the us. congressional leaders are due to meet with president biden for emergency talks on how to deal with the debt ceiling. reports are coming in 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 get here? 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 is happening here? major consequences for the economy. the us could default on the economy. the us could default on the dead in a metabolic. weeks on the dead in a metabolic. weeks to on the dead in a metabolic. weeks to go before the federal government weeks to go before the federal government is weeks to go before the federal government is unable - weeks to go before the fed
first there was a row over the arresting of protesters. now a royal fan has revealed she was detained too, as she waited to glimpse the king outside buckingham palace. in her first tv interview, we ask alice chambers exactly what happened. also tonight, the question facing lawmakers across the globe is artificial intelligence going to be the next economic miracle or a danger to our whole way of life, or both? as the eu votes on the world s first ai laws, we ask how do you get the balance right between innovation and safety? and remember this promise? when he ran for conservative leader, rishi sunak pledged to review or repeal thousands of eu laws still on the statute book. but the government says far fewer than that will actually face the shredder. this brexiteer says sunak should go much further. this remainer says labour should throw the whole brexit wagon into reverse. and after air strikes on gaza kill two senior palestinian islamichhad commanders, along with a dozen o