lord, what a shocking moment there from turkey. good morning to you this monday, i m jim sciutto. and i m erica hill. the death toll continues to rise after this catastrophic 7.8 magnitude earthquake which struck near the border of turkey and syria. more than 1,800 people are now reported dead, but there are concerns that that number could ultimately reach into the tens of thousands. at this hour desperate rescue operations underway. crews searching for survivors who may be trapped under piles of rubble. here you see this is the moment that a child you see in the arms there of that rescue worker, a child was pulled from debris this was in northwest syria, a region which of course already heavily impacted after years of a bloody civil war. in each city, in each village, across northwest sudan there are people under rubble. the number of trapped people under the rubble, it s countless up to now. we don t have exact number. countless. multiple powerful after shocks have al
hello. i m abby philip in washington. a desperate search is under way for survivors after a powerful 7.8 magnitude earthquake struck turkey and syria. the death toll is now more than 2500 and aid from across the world is pouring in. the aftermath of this is catastrophic. this was the strongest earthquake to hit that area in more than 100 years, and it struck while nearly everyone was asleep. hundreds of people this hour are still believed to be trapped. massive high rises reduced to rubble, as more than 50 aftershocks some as strong as 7.5 magnitude, make matters even worse for rescue crews. one survivor capturing this horrific moment that the building collapsed. floor after floor falling as people run from a massive debris cloud. nearby, another collapse. look at this. and video of dramatic rescues are also coming in. this child pulled from the wreckage. crews are now hoping to uncover more miracles in the rubble. cnn s scott mcclain will lead us off here. scott, a massive r
the global chief partnership. simon baptist is the global chief economist i partnership. simon baptist is the global chief economist atj the global chief economist at the global chief economist at the ir un said australia was never a good target for china to have tensions with. it is never a good target for china to have tensions with.- to have tensions with. it is a sli . ht to have tensions with. it is a slight stabilisation to have tensions with. it is a slight stabilisation peptides| slight stabilisation peptides will remain quite difficult the foreseeable future. this recent incident over the last few years really shows the limit and some ways the lack of sufficient nation of chinese foreign policy. australia was a bad target for china to choose. this was going to side with the us when push comes to shove because of its resource endowment, it has unusually large amounts leverage. push by china on australia hasjust resulted firstly in australia doubling down on divers
the commercial real estate industry functions but it never reached its profitability, as you said there. its assets and liabilities of somewhere between $10 billion and $50 billion according to the bankruptcy report. we need to remember this was one of the most exciting projects on the horizon. it was worth $47 billion largely due to a chunk of investment from softbank but wall street were also excited, jp wall street were also excited, jp morgan chase was one of its first big investors. its co founder adam newman projected tremendous growth and took on expensive leases in big cities like new york and london and even here in singapore. but itjust never quite reached its profitability. and like so many industries, the covid 19 pandemic really impacted because a lot of clients now who had memberships with this company have pulled out because many of their workers are now working from home and they have done away with the real estate industry. as we have been reading this mornin
billion of profit during the july to september period. if the results are in line with what analysts are expecting, that would be a drop of around 25% if not more compared to the same period last year. it is important to note that the oil prices are in a very different place than what they were last year. last year they were about 110 to $120 a barrel because of the russian ukrainian war which led to oil prices touching a record high, and that benefited producers like aramco immensely because they could record profits last year. if you look at the last three months oil prices have been $75 a barrel and have gone up in the last month which may provide some kind of cushion and the other factor is that saudi arabia has also cut down oil production in the last five or six months. for saudi arabia, aramco is the most crucial company because it relies heavily on the income generated by the oil they must to run many other parts of its company behemouth. the results are crucial no