Strongly disagree with fitchs decision, and i believe it is entirely unwarranted. Its flawed assessment is based on outdated data, and fails to reflect improvements across a range of indicators, including those related to governance that weve seen over the past 2. 5 years. That weve seen over the past 25 yeas that weve seen over the past 2. 5 ears. ,. , , 2. 5 years. Other democrats used the downgrade 2. 5 years. Other democrats used the downgrade as 2. 5 years. Other democrats used the downgrade as an 2. 5 years. Other democrats used the downgrade as an opportunityi the downgrade as an opportunity to point the finger at republicans. While Republicans Blamejoe Biden and democrats for trillions of dollars in new spending. Many economists dismiss the downgrade, Includingjp Morgan dismiss the downgrade, including Jp Morgan Chase ceo who called it ridiculous and said that the decision ultimately didnt really matter. And he may not be wrong. Us treasurers, that is government ious, remain th
I strongly disagree with fitchs decision, and i believe it is entirely unwarranted. Its flawed assessment is based on outdated data, and fails to reflect improvements across a range of indicators, including those related to governance that weve seen over the past 2. 5 years. Other democrats used the downgrade as an opportunity to point the finger at republicans for their role in the recent debt limit fight. While republicans blame joe biden and democrats for trillions of dollars in new spending. Many economists dismiss the downgrade, including Jp Morgan Chase ceo jamie diamond, who called it ridiculous and said that the decision ultimately didnt really matter. And he may not be wrong. Us treasuries, that is government ious, remain the bedrock of the Global Financial system, despite this latest knock to the reputation. Expectations are high that it will raise rates again. If so, it could take the cost of borrowing up to a 15 year high. Consumer inflation has come down more than expected
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the wider incident. dyfed powys police told this programme. the furnace action group says the policing bill could have been avoided if the home office had just consulted with the local community and listen to them. we said at the outset of the campaign lastjune that the plan to house asylum seekers at the stradey park hotel was deeply flawed, that no due diligence had been done on the subject, and we wanted to preserve the 100 jobs that are on site. but sadly, during the course of the campaign, there was quite a lot of friction, a lot of splits in the community, a lot of aggro, a lot of social media commentary, resulted in lots of pain and heartache for lots of people. but for now, this community is trying to restore the hotel once seen as its jewel, while grappling with the tensions that have been left in its wake. the home office told newsnight, the government is making significant progress with moving asylum seekers out of hotels, which cost uk taxpayers £8.2 million pou
that case in just a moment. also on capitol hill republicans and democrats are sticking to their demands on the debt ceiling despite a fast approaching deadline. we ll look at the fall back options being discussed at the white house. and the latest from donald trump s civil rape trial as jurors yesterday watched more of the former president s video deposition. good morning and welcome to way too early on this friday, may 5th. i m jonathan lemire. thanks for being with us. we ll begin with the scramble to avoid a first ever government default. with the clock ticking both republicans and democrats are still refusing to budge when it comes to debt ceiling negotiations. according to new reporting in the wall street journal the white house is weighing potential fall back options. people familiar with the matter tell the newspaper administration officials and lawmakers are considering alternatives like a short-term increase in the borrowing limit that would buy them time to f