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BBCNEWS Asia July 6, 2024

with just one week left until treasury officials say they will run out of cash to pay its bills, the mood music from washington was upbeat. but a deal can be done to avoid default. i want to be clear. the negotiations we are having with speaker mccarthy are about the outlines of what the budget will look like, not about defaults. it is about competing visions for america. nothing will be resolved until we resolve them all. we know where our differences lie. we worked well past midnight last night, we are back at it today, trying to get to the conclusion so we can solve this problem. failure to reach an agreement could have global implications. fitch, one of the major credit rating agencies warned of a potential downgrade to the us credit rating if the deal isn t done. the us treasury department seized on this, saying it underscored the need for swift bipartisan action. the biggest sticking point remains spending. if they don t cut enough, they won t win over republicans ....

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BBCNEWS Asia July 6, 2024

the mood in washington. with just one week left until treasury officials say they will run out of cash to pay its bills, the mood music from washington was upbeat. but a deal can be done to avoid default. i want to be clear. the negotiations we are having with speaker mccarthy are about the outlines of what the budget will look like, not about defaults. it is about competing visions for america. nothing will be resolved until we resolve them all. we know where our differences lie. we worked well past midnight last night, we are back at it today, trying to get to the conclusion so we can solve this problem. failure to reach an agreement could have global implications. fitch, one of the major credit rating agencies warned of a potential downgrade to the us credit rating if the deal isn t done. the us treasury department seized on this, saying it underscored the need for swift bipartisan action. the biggest sticking point remains spending. if they don t cut enough, they wo ....

Memorial Day Weekend , Debt Ceiling Dealine , North America , Welcome To Asia Business Report , All Of You , Mariko Oi , Debt Ceiling , Michelle Fleury , Bank Holiday , Summer Season , New York , 1st Ofjune , Mood Music , Credit Rating Agencies , Us Treasury Department , Sticking Point , Credit Rating , Deal Isn T , Fleury Reporting , New York Times , Debt Limit , House Of Representatives , Ford Motor , Liberal Democrats , Auto Space , Driving Range ,

BBCNEWS Asia July 6, 2024

though the debt ceiling deadline on the 1st ofjune is just one week away. from new york my colleague sums up the mood in washington. york my colleague sums up the mood in washington. we re ust one week left i mood in washington. we re ust one week left untili mood in washington. we re ust one week left until treasury h one week left until treasury officials say the us will run out of cash to pay its bills for the mood music from washington was upbeat that a deal can be done to avoid default. i deal can be done to avoid default. ., ., , . ., default. i want to be clear, in the negotiation default. i want to be clear, in the negotiation happening i default. i want to be clear, in. the negotiation happening was speaker the negotiation happening was speaker mccarthy is about the outlines speaker mccarthy is about the outlines of what the budget will look like. not about default. it s about competing business for america. gr default. it s about competing business for amer ....

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China Caixin Manufacturing PMI for January 50.8 (expected 50.6)

The official manufacturing PMI, in contrast, remains mired in contraction ....

China Manufacturing Pmi ,

China Manufacturing Sector Expands In December

China's manufacturing activity continued to expand at the end of the year, survey results from S&P Global showed on Tuesday. The Caixin manufacturing Purchasing Managers' Index rose slightly to 50. ....

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