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Business Matters: Biden meeting with Republicans to raise US debt ceiling closes without a deal

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10/05/2023 GMT

Biden meeting with Republicans to raise US debt ceiling closes without a deal

BBC World Service - Business Matters, Biden meeting with Republicans to raise US debt ceiling closes without a deal

US President Joe Biden ends meeting about raising US debt ceiling without agreement

President Joe Biden holds inconclusive talks with US Congressional leaders over the country's debt ceiling

President Joe Biden’s attempts to come to an agreement with Republican leaders about raising the US debt ceiling. Both sides conclude talks without reaching an agreement. Mr Biden wants to meet again to prevent the looming risk of an unprecedented government default. 

Protests take place in Pakistan after the arrest of former Prime Minister Imran Khan. His supporters come out onto the streets leading to more unrest in a country that is still trying to secure an IMF deal.

Twice as many people travelled in the first three months of this year compared with the same time last year according to research. A UN report suggests that overall, international travel is back at 80% of pre-pandemic levels. 

Presenter Sam Fenwick is joined on the programme by Satoshi Shimonda a Senior Journalist at the Japanese based Nikkei Asia newspaper, and also by Alison Schrager, a Senior Fellow at the Manhattan Institute and columnist at Bloomberg Opinion to discuss these and other business stories from across the world.
 
(Picture:US President Joe Biden speaks with the media after meeting with Speaker of the House Kevin McCarthy, Source: Photo EPA/BONNIE CASH Pool )

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