Earlier, alaves beat formentera 5 1 on aggregate and leganes are through to copa del rey quarter finals for the first time in their 89 year history, at villarreals expense. A week after a thrilling 2 2 premier league clash, chelsea and arsenal failed to reproduce that excitement. They drew 0 0 in an English League cup semi final first leg. Theyll go again at the emirates on the 24th of january. James vince and Mark Stoneman have retained their places in englands test squad for the tour of new zealand, despite their struggles with the bat in the 4 0 ashes defeat by australia. England have recalled fast bowler mark wood for their two test series that starts in march. Theres also a first call up for Lancashire County captain liam livingstone, who replaces gary ballance. Livingstone has been involved in englands limited overs squad before, but not in tests. 12 time tennis major winner Novak Djokovic says his elbow still isnt100 , but it was good enough to beat Dominic Thiem in an exhibitio
In global news, business, and sport. And you can be part of the conversation. Tell us what you think about the stories we are covering, or what you have spotted online. Just use the hashtag bbcthebriefing. Rescue workers are trying to find survivors following the devastating mudslides in southern california. 17 people are known to have died, with more than a dozen still missing. Many of those now affected are the very same people who had to flee last month from some of the biggest wildfires in the states history. The latest extreme weather hit carpinteria, Santa Barbara and montecito. From there, our correspondent james cook reports. In montecito, they are still combing the ruins, looking for survivors. But, with every hour that passes, hope fades. The surge of mud and debris wasjust hope fades. The surge of mud and debris was just too powerful. It consumed everything before it, turning homes to matchwood. Consumed everything before it, turning homes to matchwoodm consumed everything b
Saudi bonds make a splash. Bloombergs mideast finance reporter looked at what is driving demand for the kingdoms debt. Reporter demand is still pretty high from local investors. Always seen in saudi arabia as a result of the spending cuts the government has done, demand in the private sector has dried up. Banks are looking for decent assets to buy. There is a lot of demand for these issues. Only look at when they were around 58 billion riels on the table, this time it was just over 30. We are seeing demand is perhaps not as high as it was last month. We are starting to see interbank rates come up. What they were doing a year ago was sucking all of the equivalency out of the system. There is very little left for the private sector. Anchor does this give us any clues about the governments demands when it to investors later this year . Reporter the saudis has said another international assurances on the card for this year. If we look at the performance of the budget so far, theyve done ve
A new excise on tobacco and soft drinks will start from october 1, the first in a series of reforms designed to make up for lost revenue from Lower Oil Prices. Saudi bonds make a splash. Bloombergs mideast finance reporter looked at what is driving demand for the kingdoms debt. Reporter demand is still pretty high from local investors. What we have seen in saudi arabia as a result of the spending cuts the government has done, demand in the private sector has dried up. Banks are looking for decent assets to buy. There is a lot of demand for these issues. If we compare it to last month around 58 there was billion rials on the table, this time it was just over 30. We are seeing demand is perhaps not as high as it was last month. We are starting to see interbank rates come up. What they were doing a year ago was sucking all of the liquidity out of the system. There is very little left for the private sector. Rishaad does this give us any clues about the governments demands when it to inves
Show. It is 8 00 across the emirates. This is Bloomberg Markets middle east. In hong kong. We have breaking news out of malaysia. Is growing by 5. 1 . It is a slight miss him estimates. It is surging the most in more than eight years. One ofse this is just the things in play right now across asia markets. Inflation expectations been felled across training. Lets take a look at the function right now. When you talk about reflation trade, although we are seeing gains across markets in asia, the reflation trade does seem to be faltering. That is being felt across markets. Youre seeing the index the hang seng index slumping for the most in months. Downs seeing the asx 200. 7 . The japanese markets have been undecided. Began is weakening. 2 . One important thing right now that we got from the japanese markets was that japans 10 year yields touching zero. This is the First Time Since november. That works into bank of japans plan to keep a 10 year yield at zero. Of course that is coming on the