to respond to local government debt and real estate troubles. another priority is to get financial regulators to work more closely together so they can co ordinate the event of an economic shock. janet yellen is slowly emerging as a key player in the biden administration s handling of this challenging relationship between the world s two superpowers and she said she plans to visit china again and she said she plans to visit china again next year, her second visit since july. china industrial output grew 6%, faster than the 4.6% gain in october. retail sales also grew but missed forecast chinese consumers have been reluctant to spend amid a deepening crisis in the country s property sector and economic slowdown. a majorfault line between washington and beijing is the race to develop semiconductors. chips power everything from smartphones to military highend equipment and are increasingly seen as crucial to the global economy. south korea and the netherlands two keynotes south
after talks in brussels. at the same summit, leaders agreed to open membership talks with ukraine and moldova and to grant candidate status to the country of georgia. all three nations have been pushing to join the alliance. ukraine s president, volodymyr zelensky, called the decision a victory for ukraine . the president of the european council charles michel said age talks would continue next year. he said important progress had been achieved at the summit. tonight we sent a very achieved at the summit. tonight we sent a very powerful - achieved at the summit. tonight we sent a very powerful signal i we sent a very powerful signal to the european citizens, a very powerful signal to the ukrainian citizens because we have decided to grant status to georgia to open negotiations with ukraine, and with moldova to make a very important step with bosnia and herzegovina, because we will open the decisions and a report will be issued by the commission in the coming weeks to make
this is bbc news. the headlines: israeli air strikes pound the south and north of gaza. us defence secretary lloyd austin says the us has spoken to israel about making the war in gaza are more surgical. so we will continue to stand up for israel s right to defend itself and we will also continue to urge for the protection of civilians during the conflict, and to increase the flow of humanitarian aid into gaza. en verify, we look at how the war is impacting en verify, we look at how the war is impacting this trade route for oil in the impacting this trade route for oil in the red impacting this trade route for oil in the red sea. and the bbc understands the democratic unionist party has ruled out any deal to restore power sharing in northern ireland before christmas. time for a look at the business news now with tadhg. we are also talking about the potential looming crisis in world oil shipping. the oil giant bp has supended all shipments of oil through the red sea afte
from the killing of three hostages. the israel defence forces has admitted the men were mistakenly killed in gaza while holding a white cloth on a stick, indicating surrender. an idf official says a soldier felt threatened and opened fire after mis idenfying them as terrorists. prime minister benjamin netanyahu said the hostage deaths broke his heart , but added that military pressure is still necessary. translation: we will draw the lessons, translation: we will draw the lessons. we translation: we will draw the lessons, we will translation: we will draw the lessons, we will implement - translation: we will draw the lessons, we will implement the | lessons, we will implement the lessons, we will implement the lessons and we will remain relentless in our military and diplomatic efforts to bring back all the hostages home safely. with all the hostages home safely. with all the terrible sadness, let me clarify, the military pressure is necessary both for bringing back th