let s start in the us, where there is growing footsteps. 0k. let s get started, shall we? the cameras do not want to play ball but i can walk back to this position. let s start in the us, where there is growing nervousness in financial markets over the possibility the us could default on its debt. a stand off in congress over plans to lift the federal debt ceiling which is currently at an eye watering $31.4 trillion has led to the cost of buying insurance against a us government default has moved to its highest level in more than a decade this month. so, later today, the republican speaker of the house kevin mccarthy will give a speech at the new york stock exchange, where he s expected to lay out the conditions republicans want democrats to agree to in exchange for movement on the debt ceiling. it sounds like a stand off. scott anderson is chief economist at bank of the west in san francisco. welcome to the programme. what will kevin mccarthy say? what is he going to p
this is bbc news with the latest business headlines for viewers in the uk and around the world. i m sally bundock. wall street on edge: investors anxiety intensifies as the deadline looms to raise the us debt ceiling. can a compromise be found? grain drain: the eu blasts as unacceptable a ban from poland and hungary on ukrainian grain imports to protect their farming sectors. auf wiedersehen to nuclear: as germany closes its last nuclear power stations, what does this mean for the country s transition to greener energy? and beauty in the digital age: how cosmetic brands are embracing technology to immerse customers in their products.
mean sometimes, if you know what i mean. ~ , sometimes, if you know what i mean. ~ sometimes, if you know what i mean, , ., ., mean. mark is a at uc-berkeley s - mean. mark is a at uc-berkeley s ai l mean. mark is a at - uc-berkeley s ai research mean. mark is a at uc-berkeley s ai research lab. uc berkeley s ai research lab. i asked him whether we should be worried about the presidential elections in 202a. we ll very likely see many more deepfakes than we did in the last cycle, just because it s so much simpler. and i m not sure what measures we are taking to counter what effect that might have. that might have. there are len that might have. there are plenty of that might have. there are plenty of other that might have. there are plenty of other concerns i that might have. there are - plenty of other concerns around this tech too. for example, scams. this could make them far more believable and far easier to execute. the federal trade commission put out a statement in ma