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BBCNEWS Asia July 6, 2024



but no agreement was reached. here s what the leaders of both sides had to say following that high stakes meeting. we agreed to continue our discussions and we will meet again on friday. in the meantime, our staff will meet today and daily between now and then, and everyone in the meeting understood the risk of default. our economy would fall into a significant recession and it would devastate retirement accounts, increase borrowing costs, according to moody s nearly 8 million americans would lose theirjobs. everyone in this meeting reiterated the positions they were at. i did not see new movement. the president said staff would get back together, i was clear to the president. we have two weeks ago. president biden also said that it was possible he might call off his trip to asia if there is no breakthrough on the debt. ryan sweet is the chief us economist at oxford economics i spoke to him a little earlier and he says he s not surprised no deal was reached. this is g ....

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BBCNEWS Asia July 6, 2024



here s what the leaders of both sides had to say following the high sta kes meeting. we meeting. agreed to continue our discussions we agreed to continue our discussions and we will meet again on friday. in the meantime our staff will meet today and daily between now then and everyone in the meeting understood the risk of default. our economy would fall into a significant recession and it would devastate retirement accounts, increase learning costs, according to reports nearly 8 million americans would lose their jobs. americans would lose their “obs. , ., , jobs. everyone in this meeting reiterated jobs. everyone in this meeting reiterated the jobs. everyone in this meeting reiterated the positions - jobs. everyone in this meeting reiterated the positions they l reiterated the positions they were reiterated the positions they were at reiterated the positions they were at. i did not see movement. the president said staff movement. the president said staff wou ....

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BBCNEWS Asia July 6, 2024



but no agreement was reached. here s what the leaders of both sides had to say following that high stakes meeting. we agreed to continue our discussions and we will meet again on friday. in the meantime, our staff will meet today and daily between now and then, and everyone in the meeting understood the risk of default. our economy would fall into a significant recession and it would devastate retirement accounts, increase borrowing costs, according to moody s nearly 8 million americans would lose theirjobs. everyone in this meeting reiterated the positions they were at. i did not see new movement. the president said staff should get back together. i was clear to the president. we have two weeks to go. president biden also said that it was possible he might call off his trip to asia if there is no breakthrough on the debt. ryan sweet is the chief us economist at oxford economics. he says he s not surprised no deal was reached. this is going to be a game of political chi ....

Debt Ceiling , Goldman Sachs , 00 Million , 200 Million , Sex Discrimination , Asia Business Report , Karishma Vaswani , Chuck Schumer , Debt Default , Bad News , Oval Office , Retirement Accounts , Borrowing Costs , Moody S , 8 Million , Ryan Sweet , Oxford Economics , Incentives Matter , Treasury Bill Rates , Equity Markets , Haven T , Equity Markets Selling Off , 11th Hour , It Doesn T , Government Spending , Spending Cuts ,

BBCNEWS Asia Business Report July 6, 2024



should have been a positive but wall street was actually expecting the company to have added more paid membership. netflix lost more than 1 million subscribers in the first six months of 2022 and moving forward, the company has also warned of weaker growth in the months ahead. our north america business correspondent some hussein has the latest. last year, netflix reported not one but two quarters red lost customers. it was the first time the company has reported a loss in subscribers in ten years. these latest results show again for subscribers, thatis show again for subscribers, that is good, but it s actually much less than what investors were expecting. netflix had come up with a plan to try and crackdown on password sharing and it was meant to rule out in this first quarter but the company decided to hold back until the second quarter of the year. and to try and make up for lost subscribers last year, and netflix had created an and funded streaming service which wa ....

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BBCNEWS Asia Business Report July 6, 2024



expecting the company to have added more paid membership. netflix lost more than 1 million subscribers in the first six months of 2022 and moving forward, the company has also warned of weaker growth in the months ahead. our north america business correspondent samira hussain has the latest. last year, netflix reported not one but two quarters red lost customers. it was the first time the company has reported a loss in subscribers in ten years. these latest results show again in subscribers, and that is good, but it s actually much less than what investors were expecting. netflix had come up with a plan to try and crack down on password sharing and it was meant to rule out in this first quarter but the company decided to hold back until the second quarter of the year. and to try and make up for lost subscribers last year, netflix had created an ad funded streaming service which was cheaper but subscribers would need to sit through adverts. if the company thought left it ....

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