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let s start in the us, where there is growing footsteps. 0k. let s get started, shall we? the cameras do not want to play ball but i can walk back to this position. let s start in the us, where there is growing nervousness in financial markets over the possibility the us could default on its debt. a stand off in congress over plans to lift the federal debt ceiling which is currently at an eye watering $31.4 trillion has led to the cost of buying insurance against a us government default has moved to its highest level in more than a decade this month. so, later today, the republican speaker of the house kevin mccarthy will give a speech at the new york stock exchange, where he s expected to lay out the conditions republicans want democrats to agree to in exchange for movement on the debt ceiling. it sounds like a stand off. scott anderson is chief economist at bank of the west in san francisco. welcome to the programme. what will kevin mccarthy say? what is he goin ....
we might find out as early as thursday. we re gonna show you more importantly how to white house is trying to play a game of smoke and mirrors and they want to change the very definition of the word recession sort of like the new recession, inflation is transitory live. also tonight take a look your screen this is pretty unbelievable. a bishop robbed at gunpoint right there in the middle of a church service. we have the entire video coming up. first tonight we begin in the washington squad. it joe biden it continues to from covid-19 thankfully we don t want anybody sick of this program we wish him well. so far his schedule as primus remained kind of normal for him which is to say he does little to nothing. no president in modern american history has worked less in your present joe biden. he rarely appears in public he almost never conducts sitdown interviews or press conferences. frequently the daily briefing is the only thing on a schedule and then to make matters wors ....
israel gaza conflict. and the developments over the last few hours now. the us secretary of state, antony blinken, has returned to tel aviv. this is his fourth the that make third trip there since the conflict broke out on october a temporary deal for paul s infighting is due to expire in the next few hours but talks have been ongoing in an effort to extend that temporary truce. senior israeli advisor told the bbc earlier that israel would agree to an extension as long as hamas continues to release hostages. earlier on, ten israeli and four thai hostages held by hamas in the gaza strip arrived in israel after being handed over to the red cross. two russian israeli women were also freed earlier. in exchange, israel announced 30 palace indian women and teenage boys have been freed from israeli prisons in return for the latest round of releases that we are seeing. meanwhile israel are still trying to confirm a claim by hamas that a ten month old baby, the youngest hostage ....
On the road parameter. We had 156 fires around the country of which 11 are still active and two are preoccupying. Several firefighters are among those seriously injured or missing. France and spain sent aircraft to back up portugals own effo rts aircraft to back up portugals own efforts but with temperatures expected to remain high, firefighters face another difficult day. A reminder of how serious the heatwave can be in some circumstances. We can go to The Other Side of the studio, and looking at those pictures, it must really strike you as a meteorologist. Yes, it is the dry weather they have had across iberia, temperatures in the 405, and weather they have had acro55 iberia, temperatures in the 405, and the thunderstorms which dont help, because the lightning can 5park 5torm5. We have already got up to 31. 9to 5torm5. We have already got up to 31. 9 to the south of london. Relief close to the coast, that was a lovely picture fr ....