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BBCNEWS BBC July 6, 2024

washington, where the us debt ceiling fight is heating up, with both sides showing no room for compromise yet on an issue that impacts the global economy. us treasury secretary janet yellen has issued a letter to congressional leaders, warning the us could run out of cash byjune 1st. that s prompted president biden to call a meeting with the top leaders in congress next week seen here. in the letter, yellen warned: speaker mccarthy responded to yellen in a statement, saying: the republican controlled house passed a debt ceiling bill last week that includes steep spending cuts. senate democratic majority leader chuck schumer announced a process to pass a clean bill with no cuts just hours ago. meanwhile, a little relief in the banking sector. wall street giantjp morgan chase took over the troubled first republic bank in a 10 point 6 billion dollar deal brokered by regulators. hey seized first republic early on monday, after efforts to rescue the bank fell through over ....

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BBCNEWS BBC July 6, 2024

by plane, are taking boats. the british government recently estimated that around 4,000 britons were stuck in sudan. 0ur diplomatic correspondent paul adams has been following the situation from nairobi. the evacuation of foreign nationals from sudan does continue, largely now from port sudan, where people are able to leave by ship across the red sea, and also by plane. britain now says it is evacuating more than 2000 people altogether since the airlift began. but far more sudanese people are on the move. the un estimates 50,000 have crossed sudan s borders into egypt, chad, south sudan and ethiopia, and as many as 75,000 people are thought to be internally displaced, fleeing the fighting in khartoum and in darfur, to places where they feel more safe. the un is warning it could get a whole lot worse, with the head of the unhcr saying today as many as 800,000 people could be on the move if the fighting worsens. that is a sharp increase in the estimated numbers of people ....

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BBCNEWS BBC July 6, 2024

room for compromise yet on an issue that impacts the global economy. us treasury secretary janet yellen says the us could run out of cash byjune 1st, prompting president biden to call a meeting with the top leaders in congress next week. in a letter to the leaders today, yellen warned: speaker mccarthy responded to yellen in a statement, saying: the republican controlled house passed a debt ceiling bill last week that includes steep spending cuts. senate democratic majority leader chuck schumer announced a process to pass a clean bill with no cuts just hours ago. meanwhile, a little relief in the banking sector. wall street giantjp morgan chase took over the troubled first republic bank in a $10.6 billion deal brokered by regulators. they seized first republic early on monday, after efforts to rescue the bank fell through over the weekend. the failure of the bank is the second largest in us history, and the third in the country since march. samira hussain has more. as o ....

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BBCNEWS BBC News June 4, 2024 04:03:00

A lot of shelling and gunfire in khartoum, parts of the city have had significant blackouts, while other parts seem to still be ok. the un and the international community as a whole need the warring parties to allow this aid in, food, medical supplies, water, if it s to avert this looming humanitarian disaster. the french interior minister has called for severe punishments for may day protesters who attacked police and public property over a recent law that raises the pension age. more than a hundred police were injured in clashes in paris and elsewhere, with 300 protesters arrested. nick beake sent this update from paris. this day of protest is now ....

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BBCNEWS BBC News June 4, 2024 02:06:00

Move if the fighting worsens. that is a sharp increase in the estimated numbers of people who could be on the move in the near future. could be on the move in the nearfuture. meanwhile, the near future. meanwhile, the international community nearfuture. meanwhile, the international community is trying to mobilize its relief efforts. we have seen aid arriving in the form of medical equipment, supplied by the red cross, into port sudan, and the un humanitarian envoy, martin griffiths, is now in the region. he was in nairobi during the course of the day. he is trying to organise and co ordinate a relief effort to get aid, which is going to start to arrive in places like port sudan, to where it is badly needed. that means primarily to khartoum. in order for that to happen successfully, there does need to be a proper cessation of hostilities, and we are still not seeing ceasefires holding properly. a lot of shelling and gunfire in khartoum, parts of the city have had significant ....

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