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BBCNEWS World July 6, 2024

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 ....

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BBCNEWS Asia July 6, 2024

a default could have on us and global economies. so how did washington get here and what would happen if the borrowing ceiling is not lifted? my colleague 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 nation from economic catastrophe. so, what exactly is happening here? weeks to go before the federal government is unable to pay its bills. well, the us government spend more money that 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 prove that. it used to be a routine thing, but not any more. republicans see this as an opportunity to extract demands, like cuts to affordable housing or other social security spending. but us presidentjoe biden says, no way. you need to pass this legislation with no strings attached. so off to the ....

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BBCNEWS Asia July 6, 2024

so how did washington get here and what would happen if the borrowing ceiling is not lifted? my colleague 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 nation from economic catastrophe. so, what exactly is happening here? weeks to go before the federal government is unable to pay its bills. well, the us government spends more money that 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 prove that. it used to be a routine thing, but not any more. republicans see this as an opportunity to extract demands, like cuts to affordable housing or other social security spending. but us presidentjoe biden says, no way. you need to pass this legislation with no strings attached. so off to the white house the two warring political parties go ....

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BBCNEWS Newsday July 3, 2024

It would also allow for displaced families to return to northern gaza. Its also reported to involve new wording on restoring calm to gaza, designed to satisfy hamas s demand for a permanent ceasefire. Benjamin netanyahu meanwhile said that israel will carry out an operation in rafah, regardless of whether a Ceasefire Deal is reached with hamas. The israeli Prime Minister was speaking at a meeting with the families of hostages where he reiterated that israel would eliminate hamas, and achieve total victory. Translation we will enter rafah because i we have no other choice. We will destroy the hamas battalions there, we will complete all the objectives of the war, including the repatriation of all our abductees. This is from frank gardner. A lot of things are about to happen in this part of the world over the coming days. Antony blinken has arrived here and hes only spending le ....

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BBCNEWS BBC July 3, 2024

That authorities might be about to clear these demonstrators from their place, especially those who have been occupying a campus building. Ito local radio reports, students have been told to shelter in place and according to a university e mail, they could be non disciplinary action. This happens after administrators threatened to expel students who occupied a building. Dozens of demonstrators seized hamilton hole, defying a deadline to dispose. They say they plan to remain at their until the us cut financial ties to israels. Protists must be peaceful and lawful according to a statement. Taking over buildings is not peaceful but wrong. Demonstrations have erupted from coast to coast, many resulting in arrests including at the university of excess in austin. Police clash with protesters. The deal has been made with protesters if they pack up. A governing body holding a vote. Lets go right to our correspondent who is just outside the campus at
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