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BBCNEWS World July 6, 2024



where in a few hours time for emergency talks on how to deal with the country s debt ceiling. 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? michelle fleury, north america business correspondent. it feels oddly familiar, these last minute talks to try and avert a crisis. last-minute talks to try and avert a crisis. , , , , ., ~ , crisis. yes. this is high-stakes olitical crisis. yes. this is high-stakes political theatre crisis. yes. this is high-stakes political theatre that crisis. yes. this is high-stakes political theatre that we - crisis. yes. this is high-stakes political theatre that we are i political theatre that we are witnessing, president biden will meet with congressional leaders later today, meet with congressional leaders latertoday, but meet with congressional leaders later ....

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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 Proud July 6, 2024

The proud boys as they marched towards their target. They are right wing nationalists who believe the United States is being betrayed by internal enemies and an overbearing government. On the day, the proud boys were tight lipped. But weve seen thousands of hours of evidence of exactly what was going on that day. This is ethan nordean, one of the leaders of the proud boys, along with Us Army Veteran joseph biggs in the checked shirt and zach rehl on the left in the cap. Theyve been convicted for leading the capitol insurrection. Also convicted of Seditious Conspiracy is proud boys chairman enrique tarrio. He wasnt at the capitol that day, having been arrested on another charge two days previously. Much of the evidence came from this man, another leader, charles donohoe, who pled guilty and cooperated with the autho ....

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BBCNEWS Asia July 6, 2024



in turkey, soaring inflation and the fallout from the recent earthquake are top of voters minds as they decide whether the president, recep tayyip erdogan, will remain in power. standing against him is kemal kilicdaroglu, who is backed by a broad opposition alliance. turnout is thought to have been high, but there are conflicting claims about who is leading. here s what one of the supporters of the opposition had to say. translation: i am so excited. i can t feel my heartbeat. i still believe we will win. we have to get rid of this system already. especially as a woman, i want this change. the situation of the country is obvious. i m extremely excited. we wait with enthusiasm. i hope we win, i hope all would be as we wish. we are a bit anxious, a bit tense. i haven t been able to sleep for the past week. i woke up at 5am today, casted my vote and directly came here right after. meanwhile in thailand, voters have overwhelmingly chosen to end nearly a decade of military ....

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BBCNEWS Asia July 6, 2024



prime minister thaksin shinawatra. the winning candidate, and their party will have to grapple with a slew of domestic issues including polarised politics and a slowing economy. for more on this, i spoke to syetarn hansakul of the economist intelligence unit, who told me thailand is slowly recovering from the pandemic. economic situation has improved from last year. it is in the middle of a cyclical rebound because coming out of the pandemic recession a bit later than others, but finally, after the country reopened in late 2022, the tourism sector, which has been a key part of the country s gdp, is recovering slowly. that is helping to improve jobs and income, and we are seeing the rebound unfolding. but having said that, there are plenty of structural issues that are hurting thailand s long term competitiveness, and that is something the new government will need to look into and correct. what is your outlook for growth this year in thailand and next? the economy will ....

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