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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 ukraines 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. Heres 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 ....
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 ....
president biden and u.s. house speaker mccarthy reach a tentative deal to raise the debt cree but will they be able to sell it to skeptical lawmakers on both sides of the aisle? and polls open in turkey. we re live in istanbul as voters began casting their ballots in the country s historic presidential runoff. plus, fueling speculation. ukraine s top commander releases a video that has many wondering if the country s counter offensive could be imminent. we begin in the u.s. with a late night agreement to try to prevent a disastrous debt default. the white house and republicans say they ve agreed in principle to raise the u.s. debt ceiling and cap government spending. u.s. house speaker kevin mccarthy is hailing the deal as a breakthrough that was reached after a flurry of crisis talks. after weeks of negotiations, 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 that s worthy of the america ....
good morning. the governor of the bank of england has defended the decision to raise interest rates, saying there s a real risk of soaring prices becoming embedded . yesterday, the bank warned the uk will fall into recession as it raised interest rates by the largest amount in 27 years. the uk economy is forecast to shrink in the last three months of this year, as the bank predicts a recession that will last well into next year. the bank says that sharp increases in energy prices will push inflation to more than 13% a 42 year high and that the value of people s incomes is falling. one of the ways it can try to control inflation is to raise interest rates. this makes borrowing money more expensive which means we are less likely to spend bringing prices down. that s the bank s justification for raising interest rates from 1.25% to 1.75% the biggest rise since 1995. the governor of the bank of england, andrew bailey, told the today programme why raising interest rates ....
experiences its biggest ever outbreak of avian flu. good morning from birmingham, where england are celebrating a double diving gold one for the team s teenage star at her first commonwealth games and another for the most experienced diver retaining his title. it s friday the 5th of august. our main story. a hosepipe ban will come into force in parts of southern england later today, as recent extreme temperatures and a lack of rainfall continue to put pressure on waterways and water supplies. southern water said the move, which affects the isle of wight and parts of hampshire, was a vital step . other bans will follow later in the month in kent, sussex and parts of wales. zoe conway has this report. i ve actually used the hosepipe more. frances and john are neighbours, friends, and very keen gardeners. from today, people living here near alresford in hampshire will be banned from using a hosepipe in their gardens. frances, do you think people will follow the rules? a ....