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Transcripts For BBCNEWS Newsday 20240704

Welcome to bbc news broadcasting to viewers in the uk and Around The World. We begin in cyprus, where a Spanish Charity ship carrying vital supplies is preparing to set sail for gaza, along a new maritime aid corridor. Its been loaded with around 200 tonnes of food and medical supplies. But, without a working port, its not clear yet where the ship will actually dock or how its cargo will be distributed inside gaza. 0ur middle east correspondent Quentin Somerville is in the Port City Of Larnaca in cyprus and sent us this report. Its a drop in the ocean of gazas need, but this is the first direct aid shipment by sea about to leave cyprus. The spanish ship the open arms, seen here in larnaca port, getting ready to set sail. It has a long journey ahead of it. The barge has 200 tonnes of desperately needed essentials rice, flour and pre prepared meals. This has taken months in planning. The cargo was loaded all weekend. The final Security Clearances from israel came through in the last few

Aid
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Transcripts For BBCNEWS Newsday 20240704

Welcome to bbc news broadcasting to viewers in the uk and Around The World. We begin in cyprus, where a Spanish Charity ship carrying vital supplies is preparing to set sailfor gaza along a new maritime aid corridor. Its been loaded with around 200 tonnes of food and medical supplies. But, without a working port, its not clear yet where the ship will actually dock or how its cargo will be distributed inside gaza. 0ur middle east correspondent Quentin Somerville is in the Port City Of Larnaca in cyprus and sent us this report. Its a drop in the ocean of gazas need, but this is the first direct aid shipment by sea about to leave cyprus. The spanish ship The Open Arms, seen here in larnaca port, getting ready to set sail. It has a long journey ahead of it. The barge has 200 tonnes of desperately needed essentials rice, flour and pre prepared meals. This has taken months in planning. The cargo was loaded all weekend. The final Security Clearances from israel came through in the last few ho

Aid
Cyprus
Sailfor-gaza
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Newsday
Reporting
Headlines
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Steve-lai
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Transcripts For BBCNEWS Newsday 20240704

Chinese economy. Now, normally, this is a kind of rubber stamp session where pre approved decisions are cleared and made official. But that said, because its so organised and because we already know, or at least the government already knows, what its going to announce, then we can get an idea of what theyre thinking. And people are going to want to know what the plan is for the economy. Theres huge pressure on the real estate sector, local government debt, University Graduates are looking for good jobs all these bread and butter issues, just like in other countries. And even though this is a kind of turgid, rubber stamp mass gathering, people will nevertheless be looking for some concrete solutions to come out of it. And just elaborate, if you could, a bit more about the issues or the biggest issues that are on the minds of people youve spoken to. Yeah, its economy, economy, economy this year. I mean, sure, therell be, you know, talk of relations with taiwan and the us and the environm

Government
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Capital
Gunfire-haiti
Prison
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Freeing-thousands
State-of-emergency
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Transcripts For BBCNEWS Asia 20240704

Economy now is important to anchor confidence. In doing that comes from projecting really clear, decisive policies to win the economy. 50 really clear, decisive policies to win the economy. So when it comes to to win the economy. So when it comes to confidence, to win the economy. So when it comes to confidence, we to win the economy. So when it comes to confidence, we are i comes to confidence, we are seeing china struggling with that. Do you see them introducing measures to boost spending because eli would say nine months ago, it wouldve seemed unlikely. But now the barfor stimulus is much higher. Its almost become a bit of a necessary condition for them to introduce something on the consumption side, to really boost the economy around 5 this year. Really boost the economy around 5 this year 596 this year. China is already saddled with 596 this year. China is already saddled with debt, 596 this year. China is already saddled with debt, what 596 this year. China is already saddled wit

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Transcripts For BBCNEWS World 20240705

like shareholdings and some other subsidiary companies, those assets are very readily accessible. the issue is that most of the company s assets are onshore in mainland china, they are land, properties the company had 1,200 projects at different stages of development as of 2022. but those assets are going to be tricky to access. in theory, hong kong and mainland have a 2021 arrangement for resolving insolvent companies like evergrande, but in practice what needs to happen is mainland courts will need to recognise this liquidation, but they also need co operation from local governments. i think it will be very tricky. this is just one stage in what is likely to be still quite prolonged process if the off shore creditors wish to get hold of ultimately money which comes from mainland property assets. let s talk to hong bo, professor of financial economics in the school of finance and management at london s soas university. the chinese government is unlikely to allow evergrande

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