there is a roughly one in four chance that the us will hit the so called x date, when the us government runs out of money to pay its bills without a deal to raise the debt limit. that is according to the banking giantjp morgan chase. and they say the odds are getting worse. that forecast comes after house speaker kevin mccarthy said on wednesday that he thought progress could be made, but warned the two sides remain far apart. republicans are warning that any deal must cut future federal spending in exchange for raising the debt ceiling a red line for the white house. on wall street, us stocks fell as investors have been watching these talks closely for any sign of an agreement. and even if a deal is done in time, economists say that depending on the details, cuts to government spending are likely create economic headwinds that could bring down inflation a possible silver lining for the federal reserve, which has been raising interest rates to fight inflation. fed officia
little bit of cloud off the north sea, particularly into central and eastern england over thursday. not necessarily sunny all the time was that the outlook for the next few days, beautifully glasgow and belfast. plymouth, sunshine. the tourist board will be thanking me. and in cambridge it s not looking bad at all. temperatures up to the low 20s. we are all off to plymouth! thanks, tomasz. that s it. there s more analysis of the day s main stories on newsnight with kirsty wark, just getting under way over on bbc two. but the news continues here on bbc one, as wejoin our colleagues across the nations and regions for the news where you are. have a very good night. the city of bakhmut we have a special report from another besieged town in the same province. and we ll try to get to the truth of russian claims that it has stopped a ukrainian incursion into the russia area of belgorod, killing seventy so called insurgents. we ll bejoined by a ukranian mp and a senior fellow at th
over new claims that he broke lockdown rules during the pandemic. he denies any wrongdoing. the independent police watchdog is to send investigators to cardiff following monday night s riot which started after two teenage boys were killed in a crash. the racism row in spanish football real madrid star viniciusjunior has his red card rescinded, as people protest in his native brazil over the racial abuse suffered by their star player. good morning. iamon i am on the roof of the bbc in london, where the sun is beating down. for england and wales we are looking at it day of sunny intervals, variable cloud. for scotland and northern ireland, cloud and spots of rain, but brightening up. details throughout the programme. good morning. it s wednesday, 24th may. our main story. inflation in the uk is expected to fall below 10% for the first time since august, when official figures are released injust over an hour. economists have predicted the current rate of 10.1% could drop sharp
welcome to the programme. florida governor ron desantis has officially announced that he will be running for us president in 202a. but his much anticipated campaign launch on twitter was hit with a series of technical issues. to individuals who have done more to loosen. might have surprised many but not those who have worked with elon musk for nearly a quarter century. his freedom as putting money is were, elite institutions and corporate media and it s an incredible honour. ..to have governor ron desantis to make this announcement. and after 25 minutes, the stream was reconnected for an official announcement prompted by moderator and tech entrepreneur david sachs. i think we have a record i audience assembled here and the biggest room - those probably have been assembled online and what would you like to tell them? i am running for president of the united states to lead our great american comeback. the live announcement may have been hit by technical glitches, but the vide
borisjohnson has been referred to police by the government s cabinet office, over new claims he broke lockdown rules during the pandemic. a fresh search begins near a reservoir in portugal for madeleine mccann, 16 years after she disappeared. this device was found to have high levels of lead, nickel and chromium. a bbc investigation finds harmful levels of chemicals in vapes confiscated from secondary school children. and from secondary school children. on newsnight at 1( deeper and on newsnight at 1030, we will go deeper behind the headlines and speak like the key players on today s big stories. plus, we take a first look at what is on tomorrow s front pages. good evening. cctv footage appears to show a police van following two teenage boys on an electric bike in cardiff, moments before they died in a collision yesterday. the deaths of kyrees sullivan, who was 16, and harvey evans, who was 15, sparked a riot, involving around 150 people. the police and crime commissioner for