The dow wiped out the last of its gains made for the year so far. Shares of chinese real estate Giant Evergrande jumped by 28 as trading resumed in hong kong, after being halted last week. We will put up those figures for you as well, and as you can see the debt laden Developers Stock market valuation has fallen by almost 99 since july 2020. We should also point out that it is a penny stock at this stage, just to put those numbers in context as well. Over the last year, it has come to light that the Evergrande Company is the worlds most indebted developer, with liabilities at over 300 billion. But its not alone. Other Smaller Developers have also defaulted on their debts, leaving unfinished building projects across the country. The Chinese Government has announced more support for real estate companies, including encouraging banks to extend the repayment periods on loans. The Property Market accounts for around a quarter of the worlds second largest economy. That is why it is all the m
For a brighterfuture. Will you announce your decision tomorrow on hs2 . I know theres a lot of speculation on this, but what i can say is im going to approach this the same way, i approach everything thoughtfully, carefully across the detail and making what i believe is the right decision in the long term for our country. Thats what i did recently on net zero. Thats how i approach all decisions because thats the change i want to bring. I think for too long politicians have just taken the easy way out, focused on the short term. I want to do things differently and i think if we can change politics, thats how were going to change our country. And thats the type of leadership that i want to bring. Youve said that government after government has taken decisions that no one seems to be happy with. Whats been going wrong, in your view . Well, i think net zero is a great example of this. I think a consensus had built up that we were just on this path and no one had stopped to think, hang on,
Good afternoon. The Prime Minister has said he wont be rushed to making a decision about the h52 high speed rail link, after widespread reports that he is planning to axe the birmingham to Manchester Leg of the project. He told the bbc today he wants to take time to consider what to do next. Lets get the latest now from our Political Correspondent nick eardley at the conservative Party Conference in manchester. Talk about hst has dominated conference this week. The Prime Minister wants conference this week. The Prime Minister wants to conference this week. The Prime Minister wants to talk conference this week. The Prime Minister wants to talk about minister wants to talk about long term decisions at this conference, trying to tell us across the country that he is prepared to make big, difficult decisions, but these conferences see the normal intensity of politics dialled up. Every single comment you make is scrutinised for what it might or might not mean. What has been fascinating over
Rishi sunak faces pressure to spell out the future of the High Speed Rail Link to the north of england, as businesses and politicians demand answers. As businesses and all as businesses and i can say is im not going to be forced all i can say is im not going to be forced into a premature decision. And pope francis appears to leave open the possibility of priests blessing some same sex couples. Now to Nagorno Karabakh which has been left virtually empty of Ethnic Armenians after it came under full azerbaijani control. We have been speaking to a professor of armenian studies. It is so important to hear the story of people you have talked to. If you can tell me once again, you have been speaking to those who have fled Nagorno Karabakh, what are the main problems and issues and fears that people you have been speaking to have right now . First of all, ithink speaking to have right now . First of all. I think i speaking to have right now . First of all, i thinki should speaking to have righ
Donald trump denies all the charges, saying his accounts were phenomenal. The former us president has consistently criticised the Attorney General who has brought the case, letitia james. Speaking to reporters as he entered the court, he labelled her a fraud. This case should be dismissed. This is not a case. And she should probably be dismissed also, because shes terrible and grossly incompetent, as ive said. But at a minimum, she should start looking for the murderers and the criminals, the violent criminals all over new york, do something about all of the Illegal Migrants pouring into our city and state, and not spend the next six months in a courthouse, because shes been caught early. Her numbers are fraudulent. Shes a fraud. Her numbers are fraudulent. And this case should be dismissed, and they ought to get on to Violent Crime and solving the problems of new york city and new york state. The Attorney General confident in her case. Our North America correspondent nada tawfiq has b