yellen has sent a letter to congress warning the treasury would be unable to satisfy its obligations as early as 1june. presidentjoe biden will meet top lawmakers including republican house of representatives speaker kevin mccarthy at three pm local time on tuesday after that meeting was postponed from last friday. samira hussain has more from the ock. in less than two weeks the ock. in less than two weeks the united states could fail to meet its debt obligations if lawmakers in washington cannot come to some sort of agreement. republicans have continued to demand cuts to social spending before they will agree to raise the borrowing limit. us presidentjoe biden has repeatedly said he would not set conditions lawmakers must raise the debt limit because failure to do so would result in an economic catastrophe. some of the possible outcomes are job losses, those that depend on social security benefits were get paid, and the most dire of outcomes would be the loss of confidence t
most dire of outcomes would be the loss of confidence that america s ability to pay interest on its debt. the stakes are high. while the two sides seem far apart traders on wall street are finding some comfort in the two sides coming together to at least try and negotiate a deal. samira hussain reporting there. tyler thailand with youngest and most progressive party move forward has held a rally to celebrate what they see as their election victory. it is agreed with a thai party, the second largest party to former coalition government, with four small opposition parties move forward so they have a clear majority and a mandate to government. i asked economist alex holmes if they can afford to pay populist policies that they promised. we not too policies that they promised. - not too worried about the fiscal position in thailand. government that has risen in
probably weigh on business sentiment, and that really touches upon thailand s biggest problem, which is very low investment, and this potentially would see that drug god. i potentially would see that drug god. ., ,., potentially would see that drug god. ., , ., ., potentially would see that drug god. ., ,., ., ., potentially would see that drug god. ., ., ., ., potentially would see that drug god. ., ., ., god. i also wanted to ask you about turkey god. i also wanted to ask you about turkey because - god. i also wanted to ask you about turkey because there l god. i also wanted to ask you i about turkey because there was an election there as well. how would you assess the current state of their economy? their economy state of their economy? their economy has state of their economy? their economy has suffered - state of their economy? their economy has suffered from . state of their economy? their l economy has suffered from lots of policy mistakes which are directly tied to presid