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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 ....
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 ....
in its latest operating profits, with soaring parts inflation hitting the bottom line. let s focus on the main business stories. president biden who has accused oil and gas companies of war profiteering and threatened them with a windfall tax. in the uk the focus will be on the oil giant bp. last week shell reported is second highest quarterly profit on record but it was not required to pay the uk windfall tax on energy firms due to making large investments in the uk. oil and gas prices began to rise and a surge since february after russia s invasion on ukraine resulting in bump up profits. let s get the numbers out of the way. paul, what is bp expected to say today? it is auoin bp expected to say today? it is going to save bp expected to say today? it 3 going to save profits are going to be strong but unlike the previous quarter, it would not be the triple digit we saw last summer and that would be reflected. in summer and that would be reflected- reflected. in term ....
took a donation of a millon pounds from the bin laden family of saudi arabia two years after osama bin laden was killed. the family disowned him in 1994. now on bbc news, it s hardtalk with stephen sackur. welcome to hardtalk. i m stephen sackur. south africa is in a long term flirtation with political and economic chaos. mass unemployment, power cuts and rising crime are stoking discontent and instability. my guest today isjulius malema, former anc loyalist turned populist enemy of the ruling party. could one of africa s richest nations be consumed by insurrectionist violence? julius malema in bloemfontein, south africa, welcome to hardtalk. thank you very much. mr malema, south africans are facing a very grave economic crisis. there s deep uncertainty in the country. why are you adding to that uncertainty by calling for the removal of president ramaphosa? it s the most logical thing that, when a leader of a current government doesn t perform well or the country is in ....
my guest today isjulius malema, former anc loyalist turned populist enemy of the ruling party. could one of africa s richest nations be consumed by insurrectionist violence? julius malema in bloemfontein, south africa, welcome to hardtalk. thank you very much. mr malema, south africans are facing a very grave economic crisis. there s deep uncertainty in the country. why are you adding to that uncertainty by calling for the removal of president ramaphosa? it s the most logical thing that, when a leader of a current government doesn t perform well or the country is in a crisis, that leader should leave office and give others an opportunity who can come and do much better work, because i don t think that mr ramaphosa has got a coherent plan as to how he s going to save south africa. but that s not the way democracy works, mr malema. mr ramaphosa has a mandate given to him by the south african people and, indeed, if you look at the business community, if we re talking about ....