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BBCNEWS Asia July 6, 2024



that gives no one everything they want, but that s the responsibility of governing. this is a deal and it s good news, i believe, for the american people. the agreement prevents the worst possible crisis, a default for the first time in our nation s history. the two parties have untiljune 5th to reach an agreement to prevent the us government running out of money. our correspondent in washington jessica parker has more. this deal is set to raise the debt ceiling for two years. that s a big win for the white house. why? well, it means that, forjoe biden, who of course is seeking re election in the 2024 presidential race, he won t have to face this political drama, instability, brinkmanship, right in the run up to that presidential election, so he ll be pleased with that. but the republicans are trying to say they ve chalked up wins in terms of policy, so they are talking about, for example, kevin mccarthy, the house speaker, that there will be curbs on spending. he s tal ....

Kevin Mccarthy , Debt Ceiling , Asia Business Report , Presidentjoe Biden , Budget Agreement , Progressive Democrats , Jessica Parker , White House , Untiljune 5th , Forjoe Biden , Run Up , Re Election , House Speaker , Work Requirements , Money Part , Food Stamps , Food Assistance , Internal Revenue Service , Tax Evasion , Joe Biden , Hard Sell , Democratic Party , Treasury Isjune 5th , Catherine Yeung , 2 Trillion , State Of The World ,

BBCNEWS Asia July 6, 2024



this is a deal and it s good news, i believe, for the american people. the agreement prevents the worst possible crisis, a default for the first time in our nation s history. the two parties have untiljune 5th to reach an agreement to prevent the us government running out of money. our correspondent in washington jessica parker has more. this deal is set to raise the debt ceiling for two years. that s a big win for the white house. why? well, it means that, forjoe biden, who of course is seeking re election in the 2024 presidential race, he won t have to face this political drama, instability, brinkmanship, right in the run up to that presidential election, so he ll be pleased with that. but the republicans are trying to say they ve chalked up wins in terms of policy, so they are talking about, for example, kevin mccarthy, the house speaker, that there will be curbs on spending. he s talked about how there will be tougher work requirements for some people in receipt of ....

Kevin Mccarthy , Presidentjoe Biden , Asia Business Report , Debt Ceiling , Budget Agreement , Progressive Democrats , Untiljune 5th , Jessica Parker , White House , Forjoe Biden , Re Election , Run Up , House Speaker , Money Part , Food Stamps , Food Assistance , Work Requirements , Internal Revenue Service , Tax Evasion , Joe Biden , Hard Sell , Democratic Party , Treasury Isjune 5th , Catherine Yeung , 2 Trillion , State Of The World ,

BBCNEWS BBC July 6, 2024



security official tells the bbc that ukrainian forces are now ready to launch a long awaited counter offensive. the comments come after russian attacks on dnipro and the wagner group s recent claims it has fully captured the city of bakhmut. the head of russia s wagner mercenary group has announced that his forces have started to withdraw from bakhmut. ukraine denies this. the battle for that city has been the longest and bloodiest of the war. now, oleksiy danilov the secretary of ukraine s national security and defence council says an assult to retake territory from russian forces is ready to launch. he s been speaking exclusively to our diplomatic correspondent, james landale. this is what s left of bakhmut, in eastern ukraine. images filmed by russian forces of the ruins they now largely control. mercenaries from the wagner group claim they re withdrawing, being replaced by regular russian troops. but ukraine insists its forces are still engaged on the ground and ....

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BBCNEWS BBC July 6, 2024



hello i m sumi somaskanda. we begin right here in washington dc where democrats and republicans are scrambling to close a deal on raising the federal debt limit. there is still no deal in place but as many lawmakers leave for a holiday weekend, president biden has hinted a deal might be not be too far away. with regards to the debt limit, things are looking good, i m very optimistic. i hope we will have some clearer evidence tonight, before the clock strikes 12, that we have a deal. but it is very close and i am optimistic. so according to the president, we might get the news of a deal in less than an hour. a top republican negotiator, congressman patrick mchenry, was a bit more cautious with his assessment, saying: we are in the window by which we meet thejune five deadline. it s not over, we re not done. but we have to come to some tough terms in these closing hours. earlier on friday, congress got a bit more runway for its negotiations. us treasury secretary jane ....

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BBCNEWS Asia Business Report June 4, 2024 00:31:00

That gives no one everything they want, but that s the responsibility of governing. this is a deal and it s good news, i believe, for the american people. the agreement prevents the worst possible crisis, a default for the first time in our nation s history. the two parties have untiljune 5th to reach an agreement to prevent the us government running out of money. our correspondent in washington jessica parker has more. this deal is set to raise the debt ceiling for two years. that s a big win for the white house. why? well, it means that, forjoe biden, who of course is seeking re election in the 2024 presidential race, he won t have to face this political drama, instability, brinkmanship, right in the run up to that presidential election, so he ll be pleased with that. but the republicans are trying to say they ve chalked up wins in terms of policy, so they are talking about, for example, kevin mccarthy, the house speaker, that there will be curbs on spending. he s talked about how th ....

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