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 these futures around 7 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. system. 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, these bad property investments for a very long time but the banks need to have a better capital base 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 with a 1% return on assets. You need to get the
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
Out the facts. But more and more and in the world in which we live but it has always been the way, ever since there has been war conflicts and wars always unfold on two levels. One is the facts on the ground and the other is the perception of the facts on the ground. And these perceptions now have become an increasingly hostile battlefield. I don t need to tell both of you that it is nothing less than a battle for the truth. So, that it s notjust that something happened, it s what other people think happened. And that feeling of what they think happened can matter more in the evolution of the conflict and in terms of how the story is told and retold and told again and then, it becomes history. And the efforts of the people within these stories to influence how the media helps shape those perceptions, they must ve changed the way that they try and influence how you and many others cover the stories? they have many more tools now. Before, it was simply face to face. Then, we went thr
Beirut, is said to have suffered one of its most intense waves of israeli strikes yet, with large explosions reported across the south of the city. Lebanese authorities described the attacks as very violent. These pictures show a large explosion following one of those strikes. Earlier on saturday, the Israeli Military had issued orders to residents of specific buildings in Southern Beirut to evacuate. We dont yet know what was hit in the strikes but israeli forces have bombed areas reported to be hezbollah strongholds. They have also clashed with hezbollah fighters in lebanons southern Border Region. The Israeli Military says it has killed 440 hezbollah fighters since the start of the ground invasion. Meanwhile, the Border Region remains tense as hezbollah has fired rockets into northern israel, with reports that residential buildings were hit. Also on saturday, israeli Prime Minister Benjamin Netanyahu, addressed iran s Missile Attack on his country earlier this week saying israel has
Hello, i m carl nasman. We start in the middle east, where there have been more overnight israeli strikes in the lebanese capital, beirut. These pictures show a large explosion following one of those strikes. Earlier on saturday, the israeli military had issued orders to residents of specific buildings in southern beirut to evacuate. We don t yet know what was hit in the strikes but israeli forces have bombed areas reported to be hezbollah strongholds. They have also clashed with hezbollah fighters in lebanon s southern border region. The israeli military says it has killed 440 hezbollah fighters since the start of the ground invasion. Meanwhile the border region remains tense hezbollah has fired rockets into northern israel, with reports that residential buildings were hit. Also on saturday, israeli prime minister benjamin netanyahu addressed iran s missile attack on his country earlier this week, saying, israel has the duty and the right to defend itself and respond to these atta