we fail to pay our bills. we re going to come together because there s no alternative. we have to do the right thing for the country. we have to move on. those were president biden s comments on the debt ceiling negotiations just before he took off for the g7 summit in japan. we ll have the very latest on the budget talks and the president s trip overseas. he has arrived. good morning and welcome to way too early on this thursday, may 18th. i m jonathan lemire. because right now these are indeed live pictures from hiroshima, japan, where president biden is meeting with japanese prime minister kishida ahead of their bilateral meeting. g7 leaders are gathering there where they will likely focus on the war in ukraine and tensions in asia. the president, of course, had announced he was cutting short his planned trip to the pacific, no longer visiting papau new guinea or australia in order to get back on sunday to continue those debt ceiling negotiate asians. we ll bring you
when you take a look then at the cost of the emergency takeover itself they re going to make around 35 billion u.s. dollars at the same time, so they stand to gain and lose in this respect. plus ubs is also estimating it could rack up around $4 billion just related to regulation matters, so there s still a lot to put this to bed. and while the end isn t close by, the ceo says they could see themselves finishing off and settling all of this before the end of the year, so that is certainly the hope. cnbc s arabile gumede live from london, thank you as always. still aheed here access to an abortion pill faces a new legal test in federal court that so many women rely on. we ll have the very latest next. . we ll have the very latest next. . just swipe and it lasts all day. secret helps eliminate odor, instead of just masking it. and hours later i still smell fresh. secret works. ohhh yesss.
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