Fanning the flames. What can the government do? we talked again about the issues china is facing. Short of these stimulus packages, we don t know a great deal about where the money is being spent. Would you be looking for in order to try and turn this future is around? one of the big issues is the banking system is huge in china, it is loaded with bad debts. It s been forced to lend to bad projects for so long so the first thing to do is rescue the banks of this is something that the fed did after the financial crisis. Instead of giving them more money to lend and using that money to set up a fund, buy from them all of the bad assets and let them go back to a clean balance sheet and start over. The government can hold this bad debt, bad property investments for a very long time but the banks need to have better capital to start lending again and you need to stop forcing them to lend only to state owned enterprises which are not profitable and bad projects, bad infrastructure projects w
Welcome back. Here, Sir Keir Starmer has promised to show how his government will, in his words, fix the foundations and rebuild the uk, as the Labour Conference gets under way in liverpool. The partys first annual gathering while in powerfor 15 years comes amid criticism over donations and gifts accepted by some of the new cabinet and calls from Union Bosses for The Party to U Turn on its decision to cut winterfuel payments for pensioners. Let us go live now to liverpool and our political correspondent for the latest. For the latest. Here in liverpool, for the latest. Here in liverpool, really for the latest. Here in i liverpool, really starting for the latest. Here in liverpool, really starting to fill up, activists arriving, you can see them in the background, as we get towards the first formal bet of the conference, a speech later this morning by Angela Rayner, deputy Prime Minister. I have another Cabinet Minister with me to chat to, joe steven, Secretary Of State for wales. I sho
Im lucy grey. The un human RIghts ChIef has told the SecurIty CouncIl that the targetIng of thousands of people In lebanon wIth ExplodIng Pagers and WalkIe TalkIes wIdely consIdered to have been carrIed out by Israel was a vIolatIon of InternatIonal Law. Volker turk saId he was appalled by the breadth and Impact of the attacks whIch left at least 37 dead and thousands Injured. These attacks represent a new kInd of warfare where CommunIcatIon Tools become weapons, explodIng sImultaneously In Market Squares and Street Corners and at home as daIly lIfe unfolds. AuthorItIes have reportedly dIsmantled unexploded devIces In unIversItIes, banks and hospItals. ThIs has unleashed wIdespread fear, PanIc And Horror among people In lebanon. The SecurIty CouncIl meetIng came after the mIlItant Group Hezbollah confIrmed one of Its top leaders, IbrahIm aqIl, has been kIlled In BeIrut. Israel saId It was a targetted strIke. Lebanon says 12 people were kIlled. Todays strIke came amId the latest Cross B
All right, Donald Trump presently in this race might mean even in the polls, but leading when it comes to some of the big Tax Cuts hes looking to enact, not only bringing back and extending the Tax Cuts that dominated his presidency, but no tax on tips, no tax on Social Security benefits, no tax on overtime and some have been picked up by the Harris Campaign. First to trump and the big sell he had with that in Las Vegas where youll find our Mark Meredith right now. Mark, back to you, my friend. Neil, good morning to you. For months, voters have been giving Donald Trump an edge over democrats when it comes to the economy and now, trump is doubling down on his pledges to cut everything from Overtime Pay to tips and even Social Security benefits. It could resonate in the Swing State and especially in nevada as you know has a heavy hospitality industry. When im back in that beautiful White House, well have larger Tax Cuts for workers and a special tax that here is going to do i think to do
I am feeling very good about pennsylvania and because theres a lot of people in pennsylvania who deserve to be seen and heard. Thats why im here in johnstown. Im looking to the future. Will make our country bigger better greater than ever before. Will turn it around. Neil dont look now but the 2024 showdown is heating up. VIce President Kamala Harris and former President Donald Trump are not letting up not 1 bit. Trump hitting the trail in western states as harris is back on the ground of the keystone state. We have Fox Team Coverage on trump heading to nevada with a new Tax Rate pitch. Brian janice heading to pennsylvania with her new a forward pitch. Well talk to Harris Spokesman sams why she chose to expand that pitch in a certain state. Will give you a hint itS Pennsylvania. All that and former Trunk Commerce Secretary Wilbur Ross what he says the fuss about all these former trump officials who are not keen on their former boss getting back to his old job lots to cover everybody. I