First Thing: Biden hails debt ceiling deal, prepares Congress sell
President says agreement protects historic economic recovery'. Plus Turkey's Erdoan celebrates extending his 20 years in power
Good morning.
Joe Biden has said a bipartisan deal to raise the $31.4tn US debt ceiling and avoid a default is ready to move to Congress and urged lawmakers to pass the agreement he struck with Kevin McCarthy, the leader of the Republican-majority House.
A deal that's good news for the American people." Biden hailed the agreement last night. It takes the threat of catastrophic default off the table, protects our hard-earned and historic economic recovery," he said.
Two decades in office. The Turkish leader has reshaped the country in his own image, concentrating power on his office, detaining opponents and instituting increasingly unorthodox economic policies. Despite this, he gained support in many of the areas of Turkey worst hit by the country's financial troubles.
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