Notice, blaming the stand off over the debt ceiling which was ultimately lifted any last minute bipartisan deal. The feud was cited by fitch is one of the reasons for the downgrade. Make no mistake, this is a major black eye for america. The us treasury, essentially government ious are seen as the bedrock of the Global Financial system. Fitch is essentially pointing out there is an erosion of trust in american leadership. Given the death and perceived safety of us treasuries, this downgrade is not likely to change its role in the financial system. Likely to change its role in the financialsystem. It likely to change its role in the financial system. It could, likely to change its role in the financialsystem. It could, however, make it potentially harder and more expensive for the government to borrow in the future. Right now the Us Government owes 30 trillion in debt. Fitch is highlighting that the Us Government has too much debt doesnt have a way to bring it down. And at washington at
Change. Clearly it is a popular policy by the public and heading up to the next election it would be a strange decision for the government to row back on anything with public support. Can the government have it both ways, say yes to granting licences for oil and gasp projects but at the same time it commitments to net zero . New licences for the north sea is not a change in Government Policy, we were expecting to see more. The oil and industrys estimates show production will continue to decline in the north sea no matter what the Government Policy is it simply because there is not as much gas and oil as 50 years ago when we started extracting. What is left in the north sea is mostly oil. This is mostly exported, so there is little benefit to our bills from more extraction and in a cost of living crisis bills are a strong priority for the public. It is a strange decision to approve more when it wont help with our bills because they cant move the dial on internationally set prices and it
officers have now searched five properties in london and newcastle in the hunt for abdul shokoor ezedi. the injured woman, who was known to the suspect, remains in hospital in a critical but stable condition. now on bbc news, talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. getting germany growing again. europe s biggest economy continues to shrink. so, what s it going to take to get it firing on all cylinders? when we go to the supermarket, but also in the restaurant, that used to be a cheap city. it s not the case anymore. there s growing discontent on the streets as germany continues to grapple with the switch away from cheap russian energy, and it struggles with the investment it needs for long term success. i m going to be discussing all of that with these two there they are. one of germany s leading business groups tells me it s important that consumers start s
all of that with these two there they are. one of germany s leading business groups tells me it s important that consumers start splashing the cash again and how problems abroad are hurting his members. also, the chairwoman of the german startup association, herself a successful entrepreneur, tells me why a different way of thinking is needed. and it s the younger generation that are going to deliver it. also, i catch up with the big boss of germany s most valuable company, the software giant sap, about why he s worried the rise of the far right could harm his country s economy, but he s still confident about the year ahead. wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, this week we re taking a look at germany. the world s fourth biggest economy is europe s number one and probably its most influential. but last year, even though it avoided a technical recession, it was the worst performing of the g7 group
the conduct of former deputy chief whip chris pincher shows the continuing hangover for the government of the era of borisjohnson. is rishi sunak holding back from being more critical of his predecessor? he s not suited to this kind of confrontation, so i think his idea is, if i don t engage with the provocations of borisjohnson s supporters, maybe the story will burn out that little bit quicker. how do we clean up the culture in parliament? the conservative chair of the commons equalities committee, caroline nokes, is here. and on the tunisian border, the migrant crisis turns violent amidst beatings and abuse. what happens now? we ll ask the tunisian human rights league. good evening. we open tonight with a story which some believe could be the next big miscarriage ofjustice in this country one for which there is evidence of a state led cover up. this is 43 year old tom hayes. he didn t see his young sonjoshua grow up because mr hayes was jailed in 2015 when joshua was j