london. max foster has the day off. just ahead on cnn newsroom. we ve got good news, we ve reached a bipartisan budget agreement. we re ready to move to the full congress. this is a good strong bill. we ve had incident that is happen over and over again that heightens the sense of severe. president erdogan not unreasonably steps down from the position. he doesn t have to worry for the time being. . lives from london, this is cnn newsroom with max foster and bianca nobilo. it is monday, may 29th, 9:00 a.m. here in london. 4:00 a.m. in washington. why u.s. president joe biden and house speaker kevin mccarthy are racing to sell their debt ceiling deal to congress. the tentative agreement would raise the debt limit for two years and avoid the possibility of a catastrophic default. and lawmakers are both sides of the aisle are expressing their concerns here s how the president and speaker defended their plan. they said they d only do it on the condition that it h
we start tonight here in washington these are live shots of the capitol building. the biden administration and the republican majority in the us house of representatives have reached an agreement in principle on a new government debt limit. the deal will be put to a vote on wednesday. we ll have more on what we know so far shortly, with our north america correspondent jess pakrker shortly. but first let s hear from the leaders at the centre of these negotiations. house speaker kevin mccarthy said there would be historic reductions in spending and no new taxes. he shared this statement a little earlier. ijust got off i just got off the phone with the president and talk to him twice today and after weeks of negotiations we have come to an agreement in principle. we still have a lot of work to do but i believe this is an agreement in principle worthy of the american people. it has historic reductions in spending, consequential reforms that will lift people out of poverty into
in spending and no new taxes. the british government is discussing plans for supermarkets to introduce a cap on the price of basic food items to help tackle the rising cost of living. now on bbc news, talking business. hello, everybody. a very warm welcome to this special edition of talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. i m here in rabat it s the capital of morocco to look at this country s potential to solve europe s energy crisis. this north african country is making the most of its abundant sunshine and wind to lead the way in renewable energy. but the question is, can morocco turn itself around from being dependent on, well, this imported fossil fuels to being able to export clean energy to europe as we tackle climate change? it s an ambitious plan so i m going to be discussing all of that with these three experts. there they are. the big boss of one of africa s largest renewable energy companies, an ene
most important in years. there were joyous scenes on the streets of istanbul and ankara as mr erdogan celebrated with his supporters, after winning around 52% of the vote. thousands of people have gathered on the streets, waving flags and singing songs. erdogan gave a victory speech in front of the crowds. he spoke about stability and prosperity, building a stronger economy and leaving disputes behind. our senior international correspondent, orla guerin, reports from the turkish capital, ankara. the recep tayyip erdogan juggernaut rolls on. and tonight in the turkish capital, the streets belong to his supporters. who have stuck with him through thick and thin and hyperinflation. translation: we are blessed i at our president leading us again. there is no better feeling than this. let the world hear it. he is the leader who has taught the entire world a lesson. and here he was, serenading supporters, or trying to. from a bus top near his home in istanbul, having beaten off the
plans for supermarkets to introduce a cap on the price of basic food items to help tackle the rising cost of living. now on bbc news, unspun world withjohn simpson. hello, and thanks forjoining me here at the bbc s headquarters in central london. is there any sign yet of the much heralded counteroffensive by ukraine? for the west, in ukraine, if they were to go too early ahead of all of that hardware being in place, then we could see the front lines we see now in place for some time to come. after the g7 summit in hiroshima, is a chinese attack on taiwan more likely or less likely? i think for now, xi jinping has made the calculation that he simply can t afford to invade taiwan. and, should we lose sleep at night for fear that artificial intelligence, ai, is going to take over the world? we ll have to have systems in place to police it. - we almost need a new police force entirely focused on al. i the city of bakhmut, in ukraine, now seems to be pretty much entirely in russia