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where in a few hours time for emergency talks on how to deal with the country s debt ceiling. some reports say the treasury secretary janet yellen has been personally calling chief executives to warn them of the dire consequences a default could have on the us and the global economy. so how did washington end up here? michelle fleury, north america business correspondent. it feels oddly familiar, these last minute talks to try and avert a crisis. last-minute talks to try and avert a crisis. , , , , ., ~ , crisis. yes. this is high-stakes olitical crisis. yes. this is high-stakes political theatre crisis. yes. this is high-stakes political theatre that crisis. yes. this is high-stakes political theatre that we - crisis. yes. this is high-stakes political theatre that we are i political theatre that we are witnessing, president biden will meet with congressional leaders later today, meet with congressional leaders latertoday, but meet with congressional leaders later ....
some reports say the treasury secretary, janet yellen, has been personally calling chief executives to warn them of the dire consequences a default could have on the us and the global economy. so how did washington end up here again? samira hussain has been investigating. first of all, this debt ceiling crisis is actually a political crisis, itjust happens to hinge on a must pass piece of legislation to save the country from economic catastrophe. so what exactly is happening here? major consequences for the economy. the us could default on its debt in a matter of weeks. debt limit measuresl may be exhausted. weeks to go before the federal government is unable to pay its bills. well, the us government spends more money than it brings in, so it needs to borrow money to pay its bills. it can only borrow a certain amount of money and if it needs to borrow more, congress has to approve that. it used to be a routine thing but not any more. republicans see this as an opportu ....
islamabad. he was there for an unrelated hearing on corruption charges one of several court cases mr khan is facing. mr khan was ousted as prime minister in april last year and has been campaigning for early elections since then. bbc pakistan correspondent carrie davis has more. the moment of arrest. imran khan are waiting to appear in court. the glass in front of him smashes, paramilitary troops sent to arrest him pile through into furniture and his supporters. surrounded by officers in riot helmets and shields, mr khan is marched from the court to a waiting car. where he was being taken, officers didn t say. the police say he was arrested on corruption charges. it has been over a year since corruption charges. it has been over a yearsince imran corruption charges. it has been over a year since imran khan was ousted from power any vote of no confidence. court cases against him have been mounting. the former prime minister has continued campaigning, criticising the go ....
includes not declaring state money includes not declaring state money in the way that he should have declared it. this particular case. the police have said that this is to do with corruption charges. we know that he was appearing in court on corruption charges today, one of the many court cases that he is currently being charged with. what we are waking to lee mack waiting to hear about is what happens next. we are waiting to hear details about the police station, where he is going, and also we are already seeing a strong reaction on social media from mr khan pass supporters and party. they are sharing videos of the moment that he was arrested. we are seeing videos of him being taken from the courtroom surrounded by police, some of whom we have seen are wearing riot gear. there are some crowd shots which appear to show police in riot gear with shields as well. we see mr khan being taken into a car and driven out from the islamabad high court, where he was appearing on ....
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