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Biden and McCarthy ‘closer to deal’ on debt ceiling
The US House Speaker says there's been progress in the talks about a deal to raise the government debt limit for two years, and that negotiations with the White House will continue. Kevin McCarthy said the work would carry on until an agreement was reached - but he added this was just the start on cutting spending. The US needs to raise the debt ceiling so it can keep paying its bills and avoid a default that could happen in a week's time.
Will Bain talks to the US Chamber of Commerce, billionaire and Republican donor Ken Fisher, and Mark Shepherd, the Mayor of Clearfield in Utah.
26/05/2023
27:37
US Debt Ceiling deadline looms
With less than a week to go until the deadline is breached, we find out how close we are to a deal between the Democrats and the Republicans. Rahul Tandon gets the economist perspective on how the deal can get over the line.
After a year of strikes and union action, we speak to the General Secretary of the European Trade Union Confederation, which represents 45 million workers across the continent.
And we heard from Barcelona, where the city's status as a tourist magnet has come under scrutiny.
26/05/2023
27:39
Nvidia earnings make chip maker AI superpower
Nvidia, a US firm which specializes in chips powering artificial intelligence, surged as much as 27% on Thursday, putting the company on course for record performance with a market cap above $900 billion.
But where is the future of AI while there are raising concerns about regulating and its safety?
The Eurasian Economic Forum continues Moscow. Vladimir Putin is attending alongside leaders from Belarus, Kazakhstan, Kyrgyzstan and Armenia.
25/05/2023
27:45
Why has Germany gone into recession?
As Germany enters recession, Rob Young looks at the key factors behind it and speaks to a manufacturer weathering the storm.
With a tense political future and struggling economy, how likely is Pakistan to get the IMF funding it so desperately needs?
And as Turkey holds a crucial election runoff we find out why voters are giving the incumbent President Erdoğan another chance.
25/05/2023
27:44
Ron DeSantis: will he get corporate America's vote?
Ron DeSantis has filed the necessary paperwork to run for the US presidency, saying he's Donald Trump without the drama. Mr DeSantis is expected to be one of the strongest challengers to the current leader in the polling: Donald Trump, despite being some way behind him. Kasia Madera hears from David Kotok, the chair and chief investment officer of Cumberland Advisors - a money management firm in Florida.