on tuesday, representatives of us presidentjoe biden and congressional republicans met again on capitol hill. the two sides have untiljune 1st to come to an agreement on raising the govenrment s borrowing limit, or risk the us not being able to pay its bills. some analysts have warned a default could lead to huge job losses in the us and even a global recession. stocks on wall street finished sharply lower on tuesday. despite this, optimism among leaders remains. negotiations are very hard, very difficult, both sides have to understand they won t get everything they want. we are trying to get to a budget that is reasonable and bipartisan. that democrats and republicans in the house and senate will be able to vote on and agree on. this is the process, that s why we are moving in this way, to make sure it s bipartisan, but also reasonable. that s what you all can look forward to. for the latest on this story, i spoke to cbs news congressional correspondent, nikole killion. has
hello and welcome. there been an appeal for calm in the welsh capital, cardiff, after two teenage boys died in a traffic accident last night. the incident was followed by a riot in the ely area of the city. the two boys who died have been named locally as 16 year old kyrees sullivan and 15 year old harvey evans. bbc verify has verified cctv video appearing to show a police van following two people on either a moped or electric bike apparently minutes before a crash in which two teenagers died. the team at bbc verify has been taking a look at some of the footage that s been circulating following the riots. they ve verified the following cctv video which appears to show a police van following two people on a bike or moped apparently minutes before the crash which killed two teenage boys. live now to our correspondent in the newsroom, nick. we are expecting a news conference had to get more detail from police but bring us up to speed what we know so far. we but bring us up to sp
we start in china where earlier today we got to see more evidence of its economic difficulties. new home prices fell for the fifth straight month in november while property investment dropped 9.4% over the year so far. retail sales growth missed forecasts but on the plus side, industrial output, what those factories churn out, expanded in november at its fastest pace since the start of last year. the world bank is forecasting that china s economy will slow next year, with annual growth falling from 5.2% to 4.5%. duncan wrigley is chief china economist at pantheon macroeconomics. he told us more about the economic data we ve seen come out today from china. the general picture is pretty soft, soggy. one standout piece of data, actually, is the accelerated decline in existing home prices. now, property market, as i m sure everyone knows, is very weak in china. but part of the process is going to be clearing some of the excess overhang. there s a lot of investment properties boug
verified live, 3 hours of breaking stories, and checking out the truth behind them. police have started digging near a reservoir in portugal, in the long running investigation into the disappearance of madeleine mccann. you can see on you can see on your screen you can see on your screen live pictures of the area where the police are searching. the arade dam is 50 kilometres from where the british toddler went missing in praia da luz 16 years ago. the operation is being led by german police looking for evidence to link her disappearance to christian brueckner, a german man who was made a formal suspect by portuguese prosecutors last year. our correspondent navtej johal is at the barragem do arade reservoir in the algarve where the search is taking place. so far today the search has been focused around the arade dam, this vast expanse of water you can see behind me, and you can see still a couple of officers wearing white forensic suits jutting out from the promontory in the
a very warm welcome to the programme. i m sally bundock. we start here in the uk. allies of the former uk prime minister, borisjohnson, have condemned the cabinet office for releasing details about possible covid lockdown breaches to scotland yard and thames valley police. lawyers preparing the government s case ahead of the public inquiry into the handling of the pandemic have sent the police information about meetings held at downing street and the prime minister s country retreat, chequers. the allegations have come to light during preparations for the covid public investigation. mrjohnson has replied to the allegations in a statement. his team says. 0ur political correspondent, jonathan blake, has more details. there is no investigation. what has happened here is that the lawyer through borisjohnson lawyer through boris johnson cosmic ministerial diary from the time of the pandemic in the process of preparing evidence for a forthcoming public enquiry which will examine th