headline i m intrigue, the novelist in me is intrigued by the headline, describing it as a fire sale. and that connection is quite scary. but as often happens with the economics, and certainly in terms of fiscal situations, one person s fire sale is another person s opportunity. and the ft quotes several private equity firms who are talking about how these economic conditions are actually very attractive for people who want to buy some of those assets, and some of the pension funds will have to deep dig to get more liquid assets like property. but for everyone who s having to make a sale, there s also someone who will have to make a purchase. and that is how the markets operate. and i think what worries me is a former investment banker about what s been happening over the last two weeks is this sense that everything is a snapshot and looking very scary, whereas if you can just hold your nerve and take a step back, and wait for things to settle, what you often find is the ma
The fire began at around 6am in the Fonda Milagros nightclub before spreading to two venues next to it. The cause of the blaze is unknown, but its effect was devastating. Translation we dont know anything. We are waiting for news to see whether some of our Family Members have come out alive. Translation i think we left 30 seconds or one minute before the alarms went off and all the lights went out and there were screams saying there was a fire. I was in a place where i could get out, but five Family Members and two friends are still missing. Emergency services have been searching through the rubble, trying to find bodies. For friends and relatives of those who did not escape the blaze, it has been an agonising wait. Theyve been receiving support from counsellors in a nearby sports complex. The police are now carrying out dna tests on the bodies of those killed in an attempt to identify them, but it could be a slow process. This is the worst Nightclub Fire in spain in more than 30 years
Us officials have indicated that deliveries of munitions and air Defence Systems are ready to go as soon as there is approval in the senate. A Military Aid Package to item that has been improved. It has also voted to ban the run that cut its ties with china. Tiktok. Lets speak tour correspondent in washington, helena humphrey. It has been six months in the making. It has been six months in the makinu. ,. , ,. , making. Now one step closer to aurantin making. Now one step closer to granting that making. Now one step closer to granting that longawaited making. Now one step closer to granting that longawaited aid l making. Now one step closer to l granting that longawaited aid to granting that long awaited aid to ukraine to the tune of some 61 billion us dollars. It happened with much needed bipartisan support. We saw 311 votes in favour. A simple majority was needed, 218 were the votes we needed so it passed with 93 extra votes on its side. We will see it going to the senate now. Senate
to bring back mandatory national service if it wins on polling day onjuly 4th. the party said 18 year olds would have a choice of eitherjoining the military full time for 12 months, or volunteering one weekend every month, taking part in community service, with organisations like the fire brigade, police or the national health service. home secretary james cleverly said the plan would address social fragmentation and get young people out of their bubble . labour has described the plan as a desperate gimmick . it s been answering questions on its tax and spend plans this morning. more on that shortly. first, this report from our political correspondent leila nathoo reports. an eye catching policy from the conservatives early on in this campaign, one that s grabbed the headlines in this morning s papers. yeah, many more of these over the next few weeks! enjoy your weekend. bye bye. they say if they win the general election, by the end of the next parliament they would bring b