on tuesday, representatives of us presidentjoe biden and congressional republicans met again on capitol hill. the two sides have untiljune 1st to come to an agreement on raising the govenrment s borrowing limit, or risk the us not being able to pay its bills. some analysts have warned a default could lead to huge job losses in the us and even a global recession. stocks on wall street finished sharply lower on tuesday. despite this, optimism among leaders remains. negotiations are very hard, very difficult, both sides have to understand they won t get everything they want. we are trying to get to a budget that is reasonable and bipartisan. that democrats and republicans in the house and senate will be able to vote on and agree on. this is the process, that s why we are moving in this way, to make sure it s bipartisan, but also reasonable. that s what you all can look forward to. for the latest on this story, i spoke to cbs news congressional correspondent, nikole killion. has
great to have you with us. we begin with some news from the war in ukraine. russia says its troops have fully captured the ukrainian city of bakhmut. kyiv has denied those claims, but if true, it could mark an end to the longest and bloodiest battle of the 15 month war. russia has been trying to take bakhmut since last year in a grinding war of attrition. and in the last hours, the russian news agency interfax has said president putin congratulated his troops and the paramilitary wagner group for capturing the city. earlier, ukraine had said its units were still fighting in the city. meanwhile, ukrainian president volodymyr zelensky has been on a whirlwind tour in an effort to drum up support and weapons for an expected counteroffensive against russia. it s been a busy few hours for zelensky, touching down injapan on saturday fo diplomatic talks touching down injapan on saturday for diplomatic talks with many of the gathered heads of the g7 nations. that includes prime minist
i m sally bundock and we start here in the uk where in the next few hours the latest inflation numbers will be released and its widely anticipated the news will be good with prices coming down. the bank of england says it expects inflation to fall sharply in april . this follows an upgrade from the international monetary fund for the uk economy. it says we should avoid a recession this year but the imf is warning inflation remains stubbornly high and higher interest rates will need to remain in place if it is to be brought down. so where are we at? if we look at february inflation measured as consumer prices stood at 10.4%. the soaring cost of food and energy being the key drivers. it then fell slightly to 10.1% in march. this was a surprise as a much biggerfall was predicted and rang alarms bells with concerns of sticky inflation that proves difficult to reduce. bells with concerns inflation is proving very sticky. difficult to bring down. and helps low prices with th
and congressional republicans met again on capitol hill. the two sides have untiljune 1st, just over a weeks time, to come to an agreement on raising the govenrment s borrowing limit, or risk the us not being able to pay its bills. some analysts have warned a default could lead to huge job losses here in the us, a plunge on the stock markets, and even a global recession. in fact, stocks on wall street finished sharply lower at the close of trading on tuesday. despite this, optimism among leaders remains. white house press secretary karinejean pierre says a deal both sides can be pleased with is possible. negotiations are very hard, very difficult, both sides have to understand they won t get everything they want. we are trying to get a budget that is reasonable and bipartisan. that democrats and republicans in the house and senate will be able to vote on and agree on. this is the process, that s why we are moving in this way, to make sure it is bipartisan, but also reasonabl
hello, i m mark edwards with your sports news. manchester city manager pep guardiola says he wants the 115 premier league financial charges against the club dealt with as soon as possible. the catalan, who has a contract until 2025, has also said he would not quit the club while the charges remain unresolved. guardiola hasjust led manchester city to their fifth premier league title in six seasons. however, in february, they were charged with breaches of the league s financial rules from 2009 to 2018. they were also accused of not cooperating since the investigation began in december 2018. city have denied financial wrongdoing. guardiola was speaking ahead his side s tie with brighton as they look to claim the treble, with the fa cup and champions league finals to come next month. i will stay next season when we are handed breaches for the premier league. don t worry, we will be there. if it happens, it happens. it happened with uefa, and now with the premier league. so let s