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
It has come down slightly, Nudging Par 77 a barrel. To explain why markets responded so quickly on thursday, heres our economics editor, faisal islam. In the aftermath of irans ballistic Missile Attack and as we wait for news on Israels Response there has been a rise in the price and that means since the attacks it is up 10 to over 77 a barrel on the Brent Crude measure, still down on the year because of local economic concerns but the spike up economic concerns but the spike up occurred immediately after president biden added to Suggestions Israel would target Irans Oilfacilities. Reporter would you support israel striking Irans Oil facilities . Israel striking Irans Oil facilities . ,. , facilities . We are discussing that. I facilities . We are discussing that. |think facilities . We are discussing that. L think that facilities . We are discussing that. I think that would facilities . We are discussing that. I think that would be i facilities . We are discussing that. I think that w
Beirut, lebanon. Weve been watching this picture for several Hours Today as the israeli military warns people to evacuate southern Lebanon Signaling a possible broadening of its operation there. Were live in the Middle East all morning long here. First, however, there is this. Mark the calendars, america, 33 days to go. The candidates are back on the trail now and three major stories threatening to upend the race for the White House as we Say Hello to october and all the surprises that could come with it. Hello, im bill hemmer, welcome to our coverage in New York city. Dana im Dana Perino and this is americas newsroom. A lot of news. When we get back on monday it will be under 30 days. I did the math. Very good Math Skills this morning. Kamala harris has issues at home or abroad. Is Vice President is backing Dock Workers in the standoff despite fears it could reignite inflation. Bill israel vowing to retaliate against iran because of an historic missile. The White House is asking them
Israel does not trust the united states right now to be any peacemaker at all. They disregard with the united states is going to do. They will handle this on their own and i think they will be able to do it. Sandra that was written Tyre General Keith Kellogg with us last hour as we look at live pictures just south of beirut where the idf launched a strike in the last few hours targeting one of the last hezbollah commanders still alive. John Dave Hidden 300 Targets Today alone. Military experts say the region may be on the edge of a much wider war. And we are learning that the pentagon is sending more u. S. Troops in response. Sandra good to be with you john. Spoon good to be with you as well. Theyve been warning about a wider war for a long time it hasnt happened. We will see if it does appeared im John Roberts in washington. The idf put out this video to show what israel is facing in lebanon. It is really intelligence suggests that has blood terrorists are Hiding Weapons inside civili