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CNNW CNN July 6, 2024

the way he s characterizing this bill? yes, he is lying. members of the house caucus like congressman roy and bishop are still struggling to come with a strategy to actually block the deal tonight. and there is also a divide over whether to oust mccarthy as speaker. as for the republican leader he says he s not concerned about losing his post and can t seem to understand what all the fuss is about. i m not sure what in the bill people are concerned about. it is the largest savings of 2. 1 trillion that we ve ever had. a quick refresher share of what is in this deal over this memorial day weekend. it would replenish our near empty treasury with borrowed cash by suspending the debt ceiling for two years. it also includes caps on federal spending, more work requirements for food stamps and cuts to irs funding among other things. neither party got everything they wanted, something the senate republican leader noted on the floor earlier as all of this gop infighting ....

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CNNW How July 6, 2024

appreciate your company. coming up on cnn newsroom, an agreement in principle on the debt ceiling. washington has a plan to avoid a catastrophic default, but details still need to be ironned out, then it has to get through congress. also ukraine s top general issues a pointed message for his soldiers, russia, and the world. and we do begin in washington a late night agreement to try to prevent a looming debt crisis. the white house and republicans have reached a deal in principle to raise the debt ceiling and cap government spending. it is meant to avert the first u.s. default in history, which could have disastrous consequences worldwide. here s how u.s. house speaker kevin mccarthy characterized the breakthrough. after weeks of negotiate az we have come to an agreement in principle. we still have a lot of work to do, but i believe this is an agreement in principle. it has historic reductions in spending and lift people out of poverty into the work force, rei ....

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BBCNEWS World July 6, 2024

to protect commercial ships in the red sea. countries joining the security group include the uk, france, canada, bahrain, norway and spain. it comes after the energy giant, bp, suspended its shipping operations through the red sea because cargo vessels are being attacked by houthi rebels from yemen. this is the route taken by around 12% of world shipping which then passes through the suez canal. but several major freight companies have now stopped passing through here. because of the risk. instead they are taking the much longer route all the way around africa via the cape of good hope. that adds costs and delays. here s the us defense secretary lloyd austin. these attacks are reckless, dangerous and they violate international law. we are taking action to build an international coalition to address the threat. i would remind you that this is not just a us issue, this is an international problem and it deserves an international response. joining me now is marc 0stwald, c ....

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BBCNEWS Verified July 6, 2024

volcano erupts in a peninsula in iceland after weeks of intense seismic activity. as aid agencies voiced frustration on worsening conditions for civilians in gaza that the un security council prepares to vote on a new ceasefire resolution. this is the scene live in new york where members of the council are grappling with the language they can agree on. ukrainian president apology ms zelensky is holding an end of year news conference and he thanks ukrainian soldiers for black sea victory against russian navy. volodymyr zelensky. aid workers say that the situation in sudan is a humanitarian catastrophe. time for a look at the business news now with ben thompson. will start with news in shipping because there are problems in one part of the world. a lot more transport time and a lot more fuel. the words from the shipping firm hapag lloyd who havejoined a number of other major carriers to re route some of their vessels away from the red sea. this is in the wake of attacks on ....

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CNNW CNN July 6, 2024

saying he feels closer to a deal today than he has before, but not everyone in his party is as optimistic. one top republican negotiator warning the deal is still teetering on the brink and could fall apart entirely. meanwhile, the national deficit continues to soar to new heights and treasury secretary janet yellen says there are only eight days remaining to pay america s bills. is everyone on board? reporter: we ll see about that. he came in to the capitol this morning and told reporters he s feeling optimistic and thinks progress has been made and really they re focused on a few remaining sticking points for this deal. i am told the goal is to have a deal announced by the end of today. we ll see if they can get there. we have new reporting about what the outstanding issues are. one of them is a provision to impose new work requirements on some social safety net programs. i m told they made some progress on that in negotiations last night. we re going to see today ....

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