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warning over the country s debt ceiling. this is the amount of money the us government is allowed to borrow to pay for pretty much everything they do. without an agreement to increase what the federal government can borrow, it could run out of money by earlyjune. at that point the federal government might not be able to make wage, welfare and other payments. our north america business correspondent michelle fleury is live in new york for us. we have been here before but once again, a stark warning that if nothing is done, it causes huge repercussions around the world. this is because as repercussions around the world. ti 3 is because as you say it is going to affect the jobs of government employees in the united states and have a knock on effect on the border economy, but then there is beyond the shores of the united states, the kind of ricochets it will have around the global financial system and that is why you have had this increasing drumbeat as we get closer to t ....
we begin in the us, where the treasury secretary janet yellen has sounded a stark warning over the country s debt ceiling. this is the amount of money the us government is allowed to borrow to pay for pretty much everything they do. speaking to abc, she says that if lawmakers fail to raise that ceiling the us could be left unable to pay its bills by the beginning ofjune. it is congress s job to do this. if they fail to do it, we will have an economic and financial catastrophe that will be of our own making and there is no action that president biden and the us treasury can take to prevent that catastrophe. russ mould is investment research director at aj bell. we have been here before. all of the same warnings that the us could tape off a cliff if it doesn t raise the debt ceiling and yet more warnings. yes, we have and i think the us debt ceiling has been raised 75 or 80 times in its history and we have had eight government shutdowns while a new debt ceiling has be ....
But this month marks the 25th anniversary of the launch of the pairing technology. it was produced by ericsson and the technology shared with other firms to encourage takeup. now, according to the founder of the bluetooth business, five billion bluetooth enabled devices are produced every year. we can speak now to that founder. his name s 0rjanjohansson and he now runs a sports video company called spiideo. but back in 1998 he signed up 2000 businesses to this new startup technology. just give us some more detail on that concept i introduce, the idea you came up with this technology but for the way to make other firms use it is to give it to them for free. ....
So for them investing in afghanistan is ultimately investing in peace and stability in the region. now whether it s headphones or keyboards, speakers or printers, we now take bluetooth for granted. but this month marks the 25th anniversary of the launch of the pairing technology. it was produced by ericsson and the technology shared with other firms to encourage takeup. now, according to the founder of the bluetooth business, five billion bluetooth enabled devices are produced every year. we can speak now to that founder. his name s orjanjohansson and he now runs a sports video company called spiideo. but back in 1998 he signed up 2000 businesses to this new startup technology. how did he persuade rivals to join the club? tell me about how you came up with ....