washington, where the us debt ceiling fight is heating up, with both sides showing no room for compromise yet on an issue that impacts the global economy. us treasury secretary janet yellen has issued a letter to congressional leaders, warning the us could run out of cash byjune 1st. that s prompted president biden to call a meeting with the top leaders in congress next week seen here. in the letter, yellen warned: speaker mccarthy responded to yellen in a statement, saying: the republican controlled house passed a debt ceiling bill last week that includes steep spending cuts. senate democratic majority leader chuck schumer announced a process to pass a clean bill with no cuts just hours ago. meanwhile, a little relief in the banking sector. wall street giantjp morgan chase took over the troubled first republic bank in a 10 point 6 billion dollar deal brokered by regulators. hey seized first republic early on monday, after efforts to rescue the bank fell through over the we
by plane, are taking boats. the british government recently estimated that around 4,000 britons were stuck in sudan. 0ur diplomatic correspondent paul adams has been following the situation from nairobi. the evacuation of foreign nationals from sudan does continue, largely now from port sudan, where people are able to leave by ship across the red sea, and also by plane. britain now says it is evacuating more than 2000 people altogether since the airlift began. but far more sudanese people are on the move. the un estimates 50,000 have crossed sudan s borders into egypt, chad, south sudan and ethiopia, and as many as 75,000 people are thought to be internally displaced, fleeing the fighting in khartoum and in darfur, to places where they feel more safe. the un is warning it could get a whole lot worse, with the head of the unhcr saying today as many as 800,000 people could be on the move if the fighting worsens. that is a sharp increase in the estimated numbers of people who co
room for compromise yet on an issue that impacts the global economy. us treasury secretary janet yellen says the us could run out of cash byjune 1st, prompting president biden to call a meeting with the top leaders in congress next week. in a letter to the leaders today, yellen warned: speaker mccarthy responded to yellen in a statement, saying: the republican controlled house passed a debt ceiling bill last week that includes steep spending cuts. senate democratic majority leader chuck schumer announced a process to pass a clean bill with no cuts just hours ago. meanwhile, a little relief in the banking sector. wall street giantjp morgan chase took over the troubled first republic bank in a $10.6 billion deal brokered by regulators. they seized first republic early on monday, after efforts to rescue the bank fell through over the weekend. the failure of the bank is the second largest in us history, and the third in the country since march. samira hussain has more. as of mond
by plane, are taking boats. the british government recently estimated that around 4,000 britons were stuck in sudan. 0ur diplomatic correspondent paul adams has been following the situation from nairobi. the evacuation of foreign nationals from sudan does continue, largely now from port sudan, where people are able to leave by ship across the red sea, and also by plane. britain now says it is evacuating more than 2000 people altogether since the airlift began. but far more sudanese people are on the move. the un estimates 50,000 have crossed sudan s borders into egypt, chad, south sudan and ethiopia, and as many as 75,000 people are thought to be internally displaced, fleeing the fighting in khartoum and in darfur, to places where they feel more safe. the un is warning it could get a whole lot worse, with the head of the unhcr saying today as many as 800,000
the evacuation of foreign nationals from sudan does continue, largely now form port sudan, where people are able to lead by ship to push the red sea, and also by plane. britain now says it has evacuated more than 400 people altogether. but form from all sudanese people are on the move. the un estimates 50,000 have crossed sudan s borders into egypt, chad, south sudan and ethiopian, and as many as 75,000 people are thought to be internally displaced, fleeing the fighting in khartoum and in darfur, to places where they feel more safe. the un is warning it could get a whole lot worse, with the head of the unhcr saying today as many as 800,000 people could be on the