Biden speaks of 'devastating' effect of debt limit failure as he cuts short Asia tour – video

The US president has decided to cancel an upcoming visit to Australia and Papua New Guinea to focus on the debt limit standoff at home. Joe Biden had been due to address the Australian parliament and was also expected to meet with other leaders of the Quad. The US president said failure on debt negotiations would spark a recession and quoted Moody's as saying 8 million Americans would lose their jobs

• Biden cancels Australia and Papua New Guinea visit as debt limit crisis looms