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
You can see this time lapse here shared by american astronaut matthew dominick showing how this storm looks from space. Milton comes just days after hurricane helene tore through the southeastern us 225 people were killed by the natural disaster across six states. The back to back storms are expected to leave historic levels of damage that could take years to recover from. Unlike helene, milton will only pass through florida on its way to the atlantic ocean. President biden has postponed a trip to germany to oversee preparations and prepare a federal response. He urged those in milton s path to evacuate, calling it a matter of life and death also warning this could be one of the worst storms to hit florida in a century. Melanie bevan is the chief of police in bradentown a town that is right in the path of hurrican milton and experienced a lot of damage during the recent hurricane helene. She spoke about what a forecast like this means for law enforcement in the area. We have
I apologize, this is just horrific. The terrible and entirely predictable hurricane milton. This is a very dangerous storm in terms of its strength and size as it approaches landfall. Tonight as another monster storm heads to florida powered by extreme temperatures in the gulf and as millions across the south dig out from last week s devastating hurricane, a reminder of what trump thinks about climate change. We will add a little bit more beachfront property. That s not the worst thing in the world. And the life or death stakes in this election. Then day donald trump prefers to run on problems instead of fixing problems. A kamala harris media blitz with 28 days left to go. And senator sherrod brown on his must win race in ohio when all in starts now. Good evening from new york, i am chris hayes. Hurricane milton is expected to make landfall in florida early thursday morning. At this hour the storm is back to category 5 strength. The national hurricane center advises, quote, florida res
Quote, you will not survive the dark and dire warnings aimed at millions in the path of hurricane milton. Now strengthening again to an extremely dangerous category five plus the kremlin calling legendary journalist bob woodward with new reporting tonight, that trump and putin have shared as many as seven secret calls after trump left the white house and that trump gave putin peculiar gifts. Kamala harris tonight, seizing on this new reporting, and k file, striking again, on earth thing and interviewed jd vance did not want trump to see, but he ll see it tonight. Let s go outfront i m erin erin burnett outfront tonight. We are following several breaking stories, including bombshell, new details about donald trump s secret calls after he left office it is peculiar gifts to vladimir putin, details on that in just a moment, i want to begin though first with what is shaping up to be the worst hurricane to hit florida in 100 years. This hour, hurricane milton gaining strength now back to ca
Live from london, this is business today. We start with uber, the us Tech Firm that has become a global transport giant. Around The World some 6 Million people work as drivers and couriers through the uber app, and their services are used by 150 Million people at least once a month. Well, the boss of uber, dara khosrowshahi, has been talking to our business editor simonjack, about their plans to make the firm greener and get more of their drivers using Electric Cars. But hes worried that trade tensions with china are getting in the way. The us and europe are hitting chinese Electric Cars with hefty Import Taxes or tariffs to protect their own auto makers, making them more expensive. I think cheap chinese vehicles are a good thing for the environment. And i would tell you that china is transitioning from notjust being cheap but also being high quality and for us, we want to electrify our fleet and make sure it is affordable for our drivers to switch over to evs. The political considerat