we start in washington where we have some breaking news. the house rules committee has voted to approve the deal which would raise the country's $31.5 trillion debt ceiling. itjust got over the line with republican—controlled committee voting 7—6 in favour. it will now proceed to the full house of representatives for a vote on wednesday in the us. both president biden and kevin mccarthy have been lobbying to both of their parties to get this deal over the line. the white house budget chief says that so—called x state which means when the us government officially runs out of money is likely to remain during the fifth, just five days away. this agreement is now with the united states house and then on to the senate. and we strongly urge both chambers to pass the bill and send it to the president's desk. i've always thought the majority of members, democrats and republicans, do not want to take us even to the brink of default.

i think this bill shows that that assessment was correct. and we have to keep our eye on the prize, that passing this bill, getting it to the president avoids the catastrophic thing that would hurt millions of americans. and there's a reason world leaders were worried about this. this would have impacted the global economy. something that did rally wall street though today was the chip—maker nvidia. for about five minutes it was part of the elite club of us companies worth a trillion dollars. the company's share price shot past $412 on tuesday, having risen by more than 30% since last week. other companies part of the trillion dollar club are apple, amazon and alphabet. the bbc�*s north america business correspondent samira hussain reports from new york. for a brief few moments nvidia was able to call itself a trillion dollarfirm. the surge in the company's share price came after the chip maker shocked analysts by forecasting a surge in demand for its products because of advances in artificial intelligence or ai. the hardware made by nvidia underpins

most ai applications today, with one report suggesting it has cornered 95% of the market for machine learning. over the past 12 months, nvidia's share price has more than doubled. investors are betting the company will be able to profit from its foresight in developing chips that are easily adaptable. and of course ai is the next hot thing in tech and certainly an area with a lot of growth potential. but now there are questions about whether nvidia has ability to keep up with this demand, especially as of the demand especially as other chip—makers like intel and amd try to get in the game. staying with chips — we're going to take a closer look at the the global players. despite pushback from china, the us and japan have unveiled plans to improve their cooperation, collaborating to make advanced chips together. tokyo's also agreed to match washington's export controls on china — limiting the sale

of chip—making tools. a little earlier i spoke to daniel ives of wedbush securities, who told me it's a game of thrones—style fight between the us and china. the big focus is going to be on automotive as well as ai. and that is important because they play a key role which is why you are starting to see the rhetoric coming out of beijing stronger and stronger. this is important especially as we go into what i continue to view as a game of thrones battle on the ai front. we were talking a while ago about supply chain issues and one thing that comes to mind is that when you stop the gap of this trade, that we may see some of that again. could we see problems with the supply chain? i think that is the last investors want to see. especially now we are starting to see the supply chain starting to normalise. i think that continues to be the biggest risk. this geopolitical poker

game that is going on between the us and china and japan caught in the middle and investors are reading right now that the bark is worse than the bite but clearly this is what i would call the black cloud of the background. i have to ask, nvidia, are we going to see it stay in the trillion dollar club? i think they will because i think it is the biggest transformative thing we have seen in 30 years in terms of ai — nvidia are the only game in town. i think they will be giving that pass to that trillion dollar club. the topic of tensions between the world's two biggest economies. the chinese foreign minister has met elon musk in beijing at the start of the business magnate's first trip to china in three years. mr musk�*s tesla electric vehicle company has its largest factory in shanghai. china is its second—biggest market after the united states. beijing released a statement which focused on trying

to improve us trade ties with china, quoting elon musk as saying he opposes decoupling and breaking chains. the disgraced entrepreneur elizabeth holmes has arrived at a us prison to begin an 11 year sentence. she reported to the facility in texas after a court rejected her request to remain free on bail. ms holmes was convicted of fraud last year for duping some of the world's richest investors into backing her failed blood testing company, theranos. the firm was once valued at $9 billion. but its technology never worked and it collapsed in 2018. ms holmes has appealed against her sentence. later today, we'll find out how the indian economy performed in the first three months of the year. it's predicted to have expanded around 6%. this is significantly higher than china, whose first quarter growth came in at 4.5%. and last month, india

overtook it as the world's most populous nation. so is the indian economy the new star performer in the region? priyanka kishore of ima asia told me india's growth is tapering. on the whole india is in the middle of growth moderation. you are going from 9% growth in the last fiscal year to about 7% this fiscal year and by 2024 we will see that come down to 6%. so as we look away from the noisy quarters, there is a broader moderation going on. why are we seeing such strong growth out of india? other big economies are facing a recession. india is benefiting from the geopolitics. we are seeing more manufacturing interest in india coming through as companies more and more question their china operations with everything going on and we are seeing a massive pick—up and spending on infrastructure side.

that is creating a more supportive growth environment as opposed to some of these other economies and also india is not as dependent on export manufacturing in this point in time, which plays in its favour. a free trade deal between australia and uk comes into force today, the first the uk negotiated from scratch after it left the european union. westminster has said it will add almost $3 billion to british exports, describing the deal as "fantastic". however, the government's own estimates say it will add only 0.08% to the uk economy. uk farmers are also warning they could be undercut by cheap imports, which could costjobs. a uk—new zealand deal starts today as well. staying with australia, the parliament has begun a series of hearings to examine the leaking of confidential government tax plans by the accounting firm pricewaterhousecoopers. the country's treasury says it would be reviewing its contract

with the company and the matter has been referred to police for criminal investigation. pwc has suspended nine partners, after emails showed that its australian operation had misused information on the tax proposals to drum up new busines around the world. does africa need to rethink its relationship with business? that's the view of one of the continent's leading economists and philanthropists, tony elumelu. he's promoting what he calls "africapitalism", the idea that the private sector can transform africa's economy and society for the better. let's take a listen. it is about the private sector, of course. investing, you know, in critical sectors of the african economy. it will help us ultimately to drive economic prosperity and improvement.

investment in power, when you invest in power in africa in order of profitability, it is more about creating prosperity and uplifting africa, because without electricity... the people who we support, the young entrepreneurs, i said to them, tell me how your business can help create prosperity for you and prosperity for society. it's one of the eligibility criteria that we use. so because we just want to bring it into the subconscious and to note that is just not about you succeeding, it is about you succeeding in business that uplifts everyone. you, your business, communities you are involved with, and everyone. because that is how we can help develop africa. in the uk, parents and grandparents who work in amazon warehouses will be able to choose to work in term—time only.

the online retail giant says the new contract will mean people with children to look after can take six weeks of holiday in summer and two weeks at easter and at christmas. the company hopes the flexible working will encourage more people back into the workplace. that's all we have for you from this edition of asia business report. i'm monica miller. in a few months, baby helena will have the first of numerous surgeries to repair her cleft lip and palate — a condition which means the tissue in her mouth didn't fuse together as it should have. her mum and dad received the diagnosis at their 20—week scan. hey, how are you both? good, and how's helena? the family are being talked through the procedure using an augmented reality app. it uses 3d visuals to quite literally show parents what will happen to their baby.

professor steven lo is the plastic surgeon who came up with the idea. i was inspired by the newspapers — you know, the newspapers that come alive — but 20% of people in the uk are functionally illiterate, can't read or write, and about 10% have dyslexia. so if we just give them written leaflets, we exclude quite a large percentage of the population. and for things like cleft lip and other types of surgery doing reconstruction, the surgeries are complex and—three dimensional, and augmented reality really suits that very well. the team say the feedback from this trial has been positive, and are now looking to develop the technology for other procedures like breast reconstruction following cancer. as for little helena, she won't remember any of this — but her mum and dad say better understand during of surgery has brought them some comfort.

hey, i'mjulia hey, i'mjulia with the catch up. with the catch up. tonight — tonight — the latest in ukraine, the latest in ukraine, ai concerns, ai concerns, and peaty opens up to the bbc. but first, the government is trying to stop under—18s getting hold of vapes. they're set to close a loophole that allows shops to give them to children forfree. they're thinking about banning nicotine—free vapes for under—18s as well as harsher consequences for retailers breaking the law. a survey found that 11% of 11 to 17—year—olds have tried vaping. last week, these pupils told us how easy it is to buy them. walk in, ask them what flavour you want, they pass it to you, give them your money and walk back out — simple. responding to drone attacks on moscow, russian president vladimir putin has pointed the finger at ukraine, but they've denied any direct involvement. it's after four people were killed in russian strikes on ukraine overnight. artificial intelligence could lead to the extinction of humanity — that's the warning from experts, including

the boss behind chatgpt. the centre for al safety compares the risk to pandemics and nuclear war, but others say it's an exaggeration. and olympic swimmer adam peaty has opened up about his mental health struggles to the bbc. the three—time gold medallist said winning a gold medal won't make you happy. on this endless search for a gold medal or a world record. if we do get that, is my life fixed or is my life any better? no. i will leave you with ten his struggles seconds of a bear in a car. police in nevada carefully tied a rope to the door handle to free the animal from a distance. the bear was fine, but we're not as sure about the car. you're all caught up now. see you.

hello, i'm mark edwards from the bbc sport centre. coming up on our programme: pandemonium in paris as world number two daniil medvedev is sent crashing out of the french open by qualifier thiago seyboth wild. london irish's fight for existence continues. the players have only been offered half of this month's wages. and we talk to triple

olympic champion adam peaty as he opens up about