crypto prices higher. specifically i think two factors actually drive these two classes. the first one is liquidity and the second one is the us dollar. let's talk about liquidity, i think in the past few weeks we have seen actually easing from china and also from the us. the fed has been injecting liquidity through overnight repo facility. also from a seasonality perspective. november, december tends to be quite favourable in terms of financial conditions. the rally in bonds and the fall of interest rates has helped also financial conditions to ease in the past few weeks. hence we have seen a surge in the liquidity and the system and that propels both gold and crypto currency higher. the next reason is the us dollar. both gold and crypto currencies are denominated in us dollars and when the us dollar becomes weaker, that is actually a tailwind for both asset classes. as we mentioned, given the market is now pricing in increasingly probabilities of cut starting as early as april next year, us dollar has been weakening versus other currencies including gold and crypto currencies. in more news, the white house is challenging a deal that allows perdue pharma lawsuits against them for $6 billion. the company has been criticised for making the opioid crisis worse in the country and families who lost loved ones say the deal allows the sackler family that owns pretty to be partially protected. the case is being heard in the supreme court with justices divided over whether to approve the deal. 0nly because the sacklers have taken the money offshore, right? it is not like by aberration of law it is necessary to do this. it is necessary to do this because the sacklers have taken the money and not willing to give it back unless they have this condition. staying with the us, us stocks came close to a record high on monday after the company set to join leading american index of publicly traded companies. our business correspondent in new york has more. the snp 500 is readying fora new member, uberset to join the elite index later this month. investors are pleased. uber�*s stock ended monday up more than 2% after rising around 5% in early trading. that put shares not too far off from their all—time high of $63.18 apiece. that was back in february 2021. and it is a turnaround story for uber. shares are worth more than doubl what they were at the start the year and nearly triple what they were worth in december of 2022. that was the summer when many workers left theirjobs. what we call the great resignation. labour shortages were particularly acute in jobs that require people to do their work in person. like driving a car. when it came to share price, rising interest rates did not do the company any favour. so uber is bidding for a celebratory milestone and an influx of attention. people who invest in snp 500 index funds own a stake in all of those different stocks. so when uber or any company becomes included in the snp 500, that can send a jolt to its share price. in other stories making business news, the music streaming company spotify is to cut around 1500 jobs worldwide, almost a fifth of its workforce. bosses of the firm say it needs to be more efficient as it deals with a period of slower growth. investors clearly the announcement with shares rising more than 7% on the news. the president of the cop28 summit in dubai has hit back at criticism saying his work is being constantly undermined. sultan aljabe who also heads up the uae state oil firm adnoc said this after a leaked video emerged of him saying there was no scientific evidence for a need to completely cut the use of fossil fuels. he has insisted he does respect climate science. a big row when it comes to oil. the president of the south american country guyana has accused the venezuela government of trying to create a conflict over the disputed oil rich region of essequibo. on sunday caracas held a referendum on its claim to the territory which it said was wrongly assigned in the 19th century to the british colonial authorities ruling guyana. the president said he wanted to assure his guyanese ountrymen there was nothing to worry about. evergrande has been given more time to work out a deal with its overseas creditors was a. how can court adjourned the meeting though when and to liquidate. we broke down what this would likely mean for the world �*s most indebted developer. world 's most indebted developer.— developer. the sixth adjournment - developer. the sixth adjournment will. developer. the sixth | adjournment will give developer. the sixth - adjournment will give them another month or so to think about a better plan around restructuring. it is really a rough deal for most accreditors put more than half their debt is not collateralised. and recovery rates are expected to be in the low single digits. this buys a bit further time for them to try one more proposal before total liquidation goes through. you feel the situation _ liquidation goes through. you feel the situation is not as bad as some may make it out to be. in terms of the property sector. would you say there is still investor interest? it is challenging. _ still investor interest? it is challenging. they - still investor interest? it is challenging. they are - still investor interest? it 3 challenging. they are going to have to rebuilt demand. we build confidence in the economy before it those young couples and others start considering buying or investing in real estate again. there is still a $450 billion gaping hole in the ecosystem, 20 million unfinished properties. they will have two jumpstart the credit engine before those get finished and allowed them are still unsold today for staying with the chinese property market, in 2016 as part of the country �*s massive belt and boat initiative, they developed a country guarding and revealing a $100 billion project in southern malaysia cold forest city.— cold forest city. almost a million people _ cold forest city. almost a million people were - cold forest city. almost a - million people were supposed to live there but eight years on, country garden faces colossal debt and the complex is now locally regarded as a ghost town. nick marsh spent a night in forest city and sent this report. we are right on the tip of southern malaysia. there is something strange on the horizon will stop locals call it ghost city. on first impressions, you can see why. 0k, impressions, you can see why. ok, this is forest city. it is a bit dark. i think someone has forgot to turn the lights on. it is hard to believe anyone actually lives here. 0h, here they are. even in mid afternoon, forest city feels more like a haunted house than a happy home. do more like a haunted house than a happy home-— a happy home. do you feel like it is a ghost — a happy home. do you feel like it is a ghost town? _ a happy home. do you feel like it is a ghost town? from - a happy home. do you feel like it is a ghost town? from what. a happy home. do you feel like it is a ghost town? from what i have seen _ it is a ghost town? from what i have seen so — it is a ghost town? from what i have seen so far, _ it is a ghost town? from what i have seen so far, yes. - have seen so far, yes. absolutely.— have seen so far, yes. absolutely. have seen so far, yes. absolutel . , , ., absolutely. maybe you should t after absolutely. maybe you should try after 12- — absolutely. maybe you should try after 12. we _ absolutely. maybe you should try after 12. we may _ absolutely. maybe you should try after 12. we may be - absolutely. maybe you should try after 12. we may be 3000| try after 12. we may be 3000 miles after— try after 12. we may be 3000 miles after beijing _ try after 12. we may be 3000 miles after beijing but - miles after beijing but residents likejoanne are residents like joanne are trying residents likejoanne are trying to weather a storm in china's property sector. she wants to get out of forest city. as night started to fall, i met someone who already had. i met someone who already had. ifeel i met someone who already had. i feel free. i met someone who already had. ifeel free. ifeel i met someone who already had. i feel free. i feel finally i escaped. this multibillion—dollar project is supposed to be good, supposed to meet expectations. but it is frustrating. to meet expectations. but it is frustrating-— frustrating. the property developer_ frustrating. the property developer country - frustrating. the property| developer country garden frustrating. the property - developer country garden sold displays as a thriving eco— friendly community with beaches, bars, restaurants. there was a chance for chinese investors to own a second home abroad and rent out to locals. but as we have already seen all over china, ambition did not match reality. chinese government controls on how much companies could borrow and how much comfort —— chinese citizens could spend on foreign property has left foreign city in disarray. this place was supposed to be a restaurant. behind me, judging by the looks of things, it was supposed to be the kitchen. now country garden slogan for this whole place was a prime vision for future cities. you just take a look around. does not really seem that way. country garden insists the project will be finished. company facing debt of nearly $200 billion, it is hard to see how. forest city was supposed to house a million people. right now, it is 1% occupied. like so many chinese properties of development, this place is going nowhere. nick marsh, bbc news. bbc news contacted country guarding group in china and received no response. it's relation operation responded and said despite what they say is the noise in the current operation, they were running the business as usual and the overall operation in the region is safe and stable for that but is all for now but do stay on for bbc news. one of the most iconic buildings in britain. king's couege buildings in britain. king's college chapel has been turning heads and training next for almost 600 years. 160 feet above that scaffolding, work has started to see it through the next hundred. a year—long conservation of a leaky chapel group now complete, the focus shifts from conservation to sustainability. we shifts from conservation to sustainability.— shifts from conservation to sustainability. we are putting on 438 panels, _ sustainability. we are putting on 438 panels, 219 _ sustainability. we are putting on 438 panels, 219 slips. - sustainability. we are putting on 438 panels, 219 slips. we | on 438 panels, 219 slips. we will be complete by the end of december. will be complete by the end of december-_ december. what does this all mean in real— december. what does this all mean in real terms? - december. what does this all mean in realterms? power. december. what does this all- mean in realterms? power wise, mean in real terms? power wise, it means an anticipated 123,000 kilowatt—hours per year. that reduces carbon emissions by more than 23 tons a year. the equivalent of planting over 1000 trees. we equivalent of planting over 1000 trees.— equivalent of planting over 1000 trees. ~ . , , 1000 trees. we are responsible for this amazing _ 1000 trees. we are responsible for this amazing iconic - for this amazing iconic buildings representing tradition. the college is really about education, young people always looking into the future. as we look into the future, we know it have to be serious about sustainability. that is what we wanted to do and the energy of that came through. i think we caught the moment. . , moment. once complete, the anels moment. once complete, the panels will — moment. once complete, the panels will not _ moment. once complete, the panels will not change - moment. once complete, the panels will not change their . panels will not change their view. if you are equally stunning from below and above. for more stories from across the uk, head to the bbc news website. hey, they catch up. tonight, weather warnings for the china's get it panders back and you think you've got rizz? first billie eilish has asked people to stop speaking about her sexuality in acute variety magazine of outing her foot in a recent interview, the singer said she was attracted to women and the magazine asked if she was meant to come out. unsocial, she sarcastically thanked the righty for outing her instead of fulton about anything that matters. 0n the red carpet she also said she did not believe on people having to reveal their sexuality, saying why cannot we just exist? some other stories now. rizz has been named root of the nearby 0xford press. it means if you are good at footing, that means you've got rizz. next, there have been issued across the country because of the weather. ice and snow has been causing problems especially in cumbria. still a yellow one for ice in eastern scotland and ran across east england. if you thought you struggled with your driving test, think again. one unnamed learner failed test, think again. one unnamed learnerfailed their test, think again. one unnamed learner failed their theory 59 times before passing. that is the most ever. they have been praised for their amazing commitment, spending over £1000 commitment, spending over e1000 and 60 hours to get there. time now for ten seconds of panders. this pair has left edinburgh zoo after being online from china for 12 years. they were loaded on the plane this morning with bamboo to snack on before taking off. you are all caught up now, see you later. hello and welcome to sportsday. i'm chetan pathak. coming up on the programme: rivalries renewed as scotland prepare to meet england, but suggestions the home side will take it easy to help their 0lympic chances hasn't impressed their captain. i think it is absolutely outrageous to question anyone's integrity and i think it's a huge insult to us. rugby union referee tom foley says he's stepping away from officiating at the highest level after social media abuse following the world cup final. and tiger rediscovers his roar, saying it was fun to play competitive golf once again, eight months on from his last appearance. welcome to the programme. thank you for