that the united states won t veto. our correspondent, shaimaa khalil, has the latest. still very much under. in the works. it s come down from cessation to suspension to now creating the conditions. i don t think there s any shortage of diplomacy. what we re in shortage of really is the agreement on a humanitarian truce, pause, ceasefire that will allow aid to come in in a sustained, consistent way. and not only that, but distribution has also been a key hindrance here. this. the relentless bombardment, the continued fighting has. has meant that even the little aid that comes in and we ve understood from the united nations, for example, that the aid that comes in is about 10% of the general need of the population in gaza, that hasn t been distributed and hasn t gone to the people who need it the most. we ve heard warnings from the world food program, for example, that gaza is now, you know, on the fringe of a real threat of famine. a who team has gone to the north of gaza to
let s speak to james smith, developed markets economist at ing. people are talking of a mild recession. what does that mean? quite often when we talk about recessions and the gdp numbers we think of two courses of negative growth being a technical recession. but that doesn t always feel like a recession to people. when we see a recession to people. when we see a recession we associate it with widespread job losses, people spending less money, people trying to save more, because they re uncertain about what is to come. we are not necessarily seeing that now. the fall in gdp we saw in the third quarter was small, we might see another slight fall in the fourth quarter. but it is not comparable to recessions in the past such as 2008 and the covid recession. so it is worth putting that in context. fix, worth putting that in context. a recession is two sets of three months where growth has been negative. in terms of what it means for people, what will this mean? the uk economy is
the senate does not have. so is this going to get done today, tomorrow, or certainly before june 5th? reporter: we re hoping before june 5. senators are trying to haggle if they can do this today or if they can do this tomorrow. there is a real desire here to not have to work the weekend, and it s probably a combination of that desire, some jet fumes, the need to get out of town, and then also an agreement on amendments that s likely to get us there. one of the things that s holding this up is people like senator lindsey graham who are unhappy about the way they see defense spending capped in the current bill. he s upset with his own party for negotiating this. here s what he had to say about this. watch. i blame myself for not being more involved and more active because in my wildest dreams, i never believed that the republican party would take the biden budget that they ve attacked for a year and celebrate it as fully funding. reporter: and look, graham is not the onl
are the latest shipping companies to abandon the red sea area. the suez canal handles more than a tenth of the world s trade, but it s particularly vital for the movement of goods between asia and europe. the alternative is a long and expensive detour around the cape of good hope at africa s southern tip. because of the disruption, the cost to ship a container from china to the mediterranean has risen 44% this month alone. that s according to the online shipping marketplace, freightos. swedish homewares giant, ikea, is just one of the companies now warning of delays and possible availability issues for some of its products. shops in europe are already well stocked for christmas, but logistics experts warn there could be shortages in the new year if the crisis continues. we ll hearfrom one of the shipping companies in the moment, but first, let s get the background from our analysis editor, ros atkins. on the 19th of november, houthi rebels from yemen was an attack on the red
disaster averted? after weeks of negotiations, we have come to an agreement in principle. the president and the speaker make a deal to raise the debt ceiling. but the hardest part may lie ahead. convincing think parties to vote for it. plus, game on. he s been attacking me by moving left, so this is a different guy than 2016. ron desantis jumps into the 2024 race and levels his toughest attacks yet on donald trump. but will it be enough? rob desanctimonious and his poll numbers are dropping like a rock. and target in the cross-hairs. the retail giant is the latest battlefield for conservatives hoping to roll back lgbtq rights. welcome to inside politics sunday . i m abby phillip. they have a deal to raise the debt ceiling and avoid a economic catastrophe. it took weeks of negotiations, no one on either side though is thrilled. but here is what we know about the deal this morning. it raises the debt ceiling for two years, it caps federal spending, also