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US days away from "a very dangerous moment"

The World Bank warns the US it's approaching a "very dangerous moment" before Thursday's deadline to raise the debt ceiling, and we find out about life in the pizza business.

As the budget shutdown in Washington enters its third week, and Thursday's deadline to raise the debt ceiling approaches, the World Bank warns the country's heading for a "very dangerous moment". We look for signs that the political deadlock is easing, and ask whether the country is really heading for a dramatic debt default. It was the Celtic Tiger that was savagely cut down by the global financial crisis. Now Ireland's prime minister Enda Kenny says his country's economic emergency is over. As the British finance minister George Osborne visits Beijing, we ask why China seems to have an irresistible lure for British businesses. Plus, the boss of pizza delivery business Papa John's tells us about going from a broom cupboard to the head of a global empire.

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25 minutes

Last on

Mon 14 Oct 2013 00:06GMT

Broadcast

  • Mon 14 Oct 2013 00:06GMT