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Transcripts For BBCNEWS The 20240705

and counterclaim from both sides. both sides are reporting heavy losses. and as we have been hearing, this counteroffensive is going to take many months, really the focus has been on the spring and now very much the summer offensive, which will last until about october or november before the rainy season begins. and as we have also reported, it is quite difficult to fight when the weather becomes colder. it becomes difficult for the tanks that go off road to be operating on wetland. so, they had this window where they need to try and make as many gains as possible. joining me live from fife in scotland, kezia dugdale, former leader of the scottish labour party, and from washington, bryan lanza, republican strategist and former director of communications in donald trump s transition team. looking at these developments in ukraine, this counteroffensive is something that has been anticipated for a while now. keep has been quick to talk about successes, but brian, these are small

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Transcripts For BBCNEWS World 20240706

warning over the country s debt ceiling. this is the amount of money the us government is allowed to borrow to pay for pretty much everything they do. without an agreement to increase what the federal government can borrow, it could run out of money by earlyjune. at that point the federal government might not be able to make wage, welfare and other payments. our north america business correspondent michelle fleury is live in new york for us. we have been here before but once again, a stark warning that if nothing is done, it causes huge repercussions around the world. this is because as repercussions around the world. ti 3 is because as you say it is going to affect the jobs of government employees in the united states and have a knock on effect on the border economy, but then there is beyond the shores of the united states, the kind of ricochets it will have around the global financial system and that is why you have had this increasing drumbeat as we get closer to the kin

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