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Transcripts For BBCNEWS Asia 20240703

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Serious consequence in terms of the pricing of Country Garden debt but notjust for the company butjust for the sector in general and could create another round of market turbulence. Which we have seen already. I would say that the key thing here is chinas real estate problem is in the crux of other problems currently facing. We have seen rivals defaulting. How significant if Country Garden was to default . Country carden garden was to default . Country garden involves garden was to default . Country garden involves at garden was to default . Country garden involves at least garden was to default . Country garden involves at least 3000 l garden involves at least 3000 existing Housing Projects and a lot of them are in inaudible whereas for Country Garden, they have a lot more. On a brighter note, i would say that perhaps Country Garden seems to be less complicated in terms of structure than ever grand so there is a key risk to worry about but maybe there are also things like the structure is not as complicated and it would get more parties involved because of the number of projects, which meant a lot more local government will get involved in terms of any takeover. But because a structure is simplest things could be. There are trade offs, basically. Some are better but maybe not as serious on another aspect. Speaking of china, us commerce secretary Gina Raimondo has warned china in interviews on us tv over the weekend that the patience of American Business is wearing thin. The secretary, who was in china last week, said us companies deserve a predictable environment and a level playing field. She commented on chinas economic slowdown, saying the worlds second biggest economy did better when it was more transparent and market oriented. Labour day in the us on monday, a blue collar Public Holiday that marked the end of summer. But a potential strike is looming for the three big detroit carmakers. The Union Representing car makers ford, general motors, stellantis seeking a 40 pay rise and better benefits. How far are you willing to go to get the contract you deserve . Cheering and applause. The newly elected head of the uaw talking tough. He has taken an aggressive approach to negotiations ahead of the exploration of the uaw four Year Contract with general motors, ford and stellantis, the Parent Company of chrysler. Repeatedly pointing out that together they have made 21 billion in profit in the first half of this year. We have been breaking our backs while the big three have been breaking the bank. The big three can afford to share their record profits with the auto workers who make the industry run, they just dont want to. In 2008, the Auto Companies nearly collapsed. Workers accepted major concessions to help save the industry. The uaw says it is time they were repaid. The demands include an end to wage tiers, where new hires make 25 less than older ones. A double digt pay increase and pensions for all workers. Observers say a strike is likely. Auto makers wont agree to anything that would add billions to costs, when they are spending heavily on the move to electric vehicles. Putting yourself back in that position where you have exposure to a long term cost that you cant control is a real big mistake. So they probably cant rightfully take a lot of these concessions back. With negotiations ongoing, gm said in a statement. The tension comes at a key moment for americas labour movement. The teamsters recently won concessions on ups, while hollywood remains paralysed by the actors and writers strike. This isntjust about the uaw, this is about the social inequality that exists in this country. Uaw organiser Daniel Vicente says members are ready to walk out. The wall street analysts are looking at this on paper, as numbers. We are trying to tell you, this isntjust about money. And so, some of americas biggest industrial names and its workers inched closer to a shutdown, one with big implications for the us economy. The hunting of whales has resumed in iceland after the country decided not to extend a temporary ban put in place earlier this summer. A series of new regulations and increased monitoring will be put in place but opponents are outraged by the decision. This old whaling boat will soon be heading out to sea to go hunting. Earlier in the summer, the practice was suspended over Animal Welfare concerns. Now the government has let whaling restart. The minister said she had done so reluctantly. Translation this discussion is far from over. I think it is important that it continues in society as a whole and in politics. We are the last nation in the world that allows the hunting of whales in this way. Environmentalists and Animal Rights activists condemned the move. Its a very sad day. Im not really proud to be an icelandic citizen today. But at the same time, i am, because the majority of us really dont want this and actually fighting this. We are very disappointed by this decision. We are living in a biodiversity and Climate Crisis and our decision should be based on solving this. An injunction has been filed in a bid to block further whaling. I want to encourage iceland to maintain the ban. Some hollywood actors have called for a stop. Fin whales are listed as vulnerable globally, but stocks in iceland are reportedly stable. Only one whaling station still hunts them and exports the meat to japan. Some say they wont hang up its harpoons any time soon. If you have a hefty stock of fish, of whales, you utilise them. If its not healthy, you dont utilise them. The estimate for fin whales around iceland is about 40,000 animals. The quota is around 160. Just two other countries, norway and japan, still allow commercial whaling. In 1986 there was a global moratorium due to dwindling whale stocks. Iceland halted the practice not long after but restarted again in 2006. Around the world, commercial whaling has mostly been consigned to the history books. But in iceland it remains a highly emotive issue. In recent years, the views of icelanders have undergone a sea change and the latest poll shows 42 are against the practice, while 29 remaining in favour. At this restaurant, whale dishes are among the bestsellers. We make whale sushimi, influenced by the japanese, we have whale pepper steak, we have local customers and a lot of tourists, as traditions because we have been Hunting Whales since 1947, and centuries before. But while whaling has been done for centuries, one in four visitors now go whale watching. And it is the chance to see these creatures in the wild has become one of icelands biggest draws. With that then we end this edition, im back at the top of the hour. Thank you so much for watching. Bbc news, bringing you different stories from across the uk. The aim of this app launched in somerset today is to save lives. It has information about what naloxone is, how to use it and where to find it, with a handy little map with locations. Its available to supplies across somerset including pharmacies. Naloxone comes as an injection or a nose spray. Pretend this is a receptor in your grain. When an opiod like heroin is injected into the body, the molecules attach on top of the receptor. When naloxone is taken, it knocks the opioids off which can reverse the effects of an overdose. It can work in just two or three minutes. To get it to someone in need quickly, more people need to start carrying it around with them just in case. Quite a big uptake in people taking naloxone, but lower on people actually carrying it. More than 400 avon and Somerset Police officers have been trained to use naloxone. This app is encouraging others to do the same, especially those who might come into contact with drug users, such as family members, friends or those who work in busy places, so more people have access to this labour saving medicine. For more stories from across the uk, head to the bbc news website. Bbc news, bringing you different stories from across the uk. Been seen by more than 8 Million People and different cities across the world and now exhibition van gogh alive has come to brighton. It exhibition van gogh alive has come to brighton. Come to brighton. It is about brinuain come to brighton. It is about bringing a come to brighton. It is about bringing a new come to brighton. It is about bringing a new audience come to brighton. It is about bringing a new audience and | bringing a new audience and generation into art and a completely different way. Weve had two week old babies up to retirees and schoolkids and it really is for everyone and allows them to really get up close and enjoy the paintings in ways you otherwise cant. Visitors are even encouraged to try replicating some of van goghs most famous paintings. It very first exhibition to be hosted here in the historic Corn Exchange at brighton dome. The space has been closed for nearly seven years but has undergone a huge renovation. You get to admire the architecture and space as much as the architecture and space as much as the exhibition itself and it just. As the exhibition itself and it just. I as the exhibition itself and it just, i know it is really powerful visitors when they come powerful visitors when they come in powerful visitors when they come in and see these magnificent buildings that have been magnificent buildings that have been hidden for so long, reveals been hidden for so long, reveals again. Been hidden for so long, reveals again. The exhibition is 0 en reveals again. The exhibition is open until reveals again. The exhibition is open until september reveals again. The exhibition is open until september the | is open until september the third. Voiceover for is open until september the third. Voice over for more stories from across the uk, head to the bbc news website. Hello, im olly foster. Heres whats coming up on sportsday new yorkss going loco for coco. The american teenager is into the us open quarterfinals. Arsenals record signing declan rice scores an injury time as the gunners beat manchester united. And its the perfect ten for the record breaker Max Verstappen after he wins the italian grand prix. Hello and welcome to the programme. Lets start in new york where the american teenager coco gauff has kept the home crowd happy, reaching the quarterfinals of the us open. She beat the hugely experienced Caroline Wozniaki in three stes. The dane a two time finallist in new york and 1a years her senior was playing at Flushing Meadows for the first time in four years after having two children and briefly retiring. Gauff has won titles in cincinnatti and washington this year and took the first set 6 3. She lost her way in the second set, losing that by the same margin to the 2018 Australian Open champion, but regained her composure to see out the match 6 1 in the decider. Sorana cirstea is also through to her first grand slam quarterfinal in 1a years. She had a convincing win over Belinda Bencic on sunday. The romanian overcame the 15th seed and olympic champion 6 3, 6 3

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