gives no one everything they want, but that s the responsibility of governing. this is a deal and it s good news, i believe, for the american people. the agreement prevents the worst possible crisis, a default for the first time in our nation s history. the two parties have untiljune the 5th to reach an agreement to prevent the us government running out of money. our correspondent in washington jessica parker has more. this deal is set to raise the debt ceiling for two years. that s a big win for the white house. why? well, it means that, forjoe biden, who of course is seeking re election in the 2024 presidential race, he won t have to face this political drama, instability, brinkmanship, right in the run up to that presidential election, so he ll be pleased with that. but the republicans are trying to say they ve chalked up wins in terms of policy, so they are talking about, for example, kevin mccarthy, the house speaker, that there will be curbs on spending. he s talked abo
Preparing for the referendum in nine dayss time. All the news and views in the next hour. The congolese warlord katanga guilty of war crimes. Malaria thrives on global warming. Aaron is with us as well in the program with a first for corporate china. Not necessarily a good first day. The Chinese Government have allowed a company to default on debt payments without intervening or bailing out this organization. It has investors around the world worried. Is this the question or time for risk free credit in china ending . Hello. Thanks for being with us. Midday in london, 7 00 a. M. In washington, 2 00 p. M. In crimea. Still a part of ukraine. But for how long longer . The peninsula is at the hands of russian force, Crimean Parliament voted to join russia. Many people have been out celebrating the prospect of a new beginning. The governments of the baltic states, nor kick countries have all delivered a damning verdict of the attack on ukraines sovereignty and the referendum in crimea. Ukra
And investors braced for todays investment report and another low payroll numbers. U. S. Stocks hit record highs as investors celebrate five years since the bottom of the market after the financial crisis. Welcome to the show. The s p is up another three points. Here we are an hour into trade, weighted to the down side. The ftse by the close last night was up some 13 points. Its down 27 at the moment. 0. 4 lower. Xetra dax down 0. 8 . Cac 40 down 0. 3 and the ftse mib off 0. 5 . The nikkei was up when we closed up for trade in the week in gentlemanen pa. The hang seng down marginally, the asx 200 up about 0. 3 . The focus is very much on the u. S. Employment report. Looking for an increase in 152,000. The Unemployment Rate may tick down 6. 5 depending on which forecast you look at. Here is treasury yields. 2. 712 . We were at the close wednesday with a close. It looks like military action is less likely in ukraine, so yields are just perked up, 2. 72 . But ahead of them, the bond repor