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Transcripts For BBCNEWS Asia 20240703

Were prepared to do whatever we have to do, so, the membership is ready, the membership is fed up. Were fed up with falling behind. Its been decades of falling behind and especially this past decade, in the most wealthiest times of the history of these companies, there is no excuse, these companies have made a quarter of a trillion dollars in the last ten years. 21 billion in the last six months alone. And our workers wages and conditions have gone backwards police. Police in Southern China say theyve detained some staff at the Wealth Management unit of embattled Property Developer evergrande. The identity of those whove been taken by authorities and the charges that they might be facing are unclear at this stage. Evergrande is at the centre of a crisis in chinas Property Sector which has seen a string of Debt Defaults since late 2021. Focusing on the Business Calendar which this week is heavy with central bank meetings. Taking a look at what were looking ahead to. On wednesday, Chinas

Transcripts For BBCNEWS Asia 20240703

Membership is fed up, we are fed up with falling behind. Its been decades of falling behind, and especially this past decade, the most wealthiest times in the history of these companies, there is no excuse, these companies have made a quarter of 8,000,000,000,000 in the past 4 years. Billions of dollars in the last 6 months alone. And the last 6 months alone. And the workers conditions have gone backwards. The workers conditions have gone backwards. Lets turn our attention to gone backwards. Lets turn our attention to the gone backwards. Lets turn our attention to the Business Attention to the business calendar. Lets take you through exactly what all we are watching out for. On wednesday, Chinas Central Bank will hold its Monthly Review on the cost of borrowing. The peoples bank of china uses a one . Year rate to price loans for businesses needing credit, and a five . Year tenor to guide mortgage rates. Thats the same day the Us Federal Reserve will decide on Interest Rates, which is c

Transcripts For CNNW CNN 20240703

Injured, many in critical condition. Emergency team shall combing there the rubble using picks, shovels and their bear hands to search for life. Those that did not survive the disaster, theyre already laid to rest as it tradition. And to honor them, morocco will observe three days of mourning. The disaster has affected more than 300,000 people in marrakech and surrounding areas. Locals say thetys World Heritage old city of madinah has seen extensive damage. People talk about the buildings that collapsed. Its, it happens just down this route too, and when you go, like, further and further, theres a lot of damage that happened to a lot of buildings, some of them are mosques, some houses. A lot of communities got hurt. One of the poorest areas in the city, and those people need help like food, water, blankets, or whatever, whatever you can help the royal morocco an Armed Service are mobilized to get support from evacuations to supplies. Moroccos king declared three days of National Mourni

Transcripts For CNNW CNN 20240703

coming up this hour, a powerful earthquake rocks morocco in the middle of the night, killing hundreds. we ll bring you the latest on the search and rescue operations. plus, president biden arrives at the g20 summit in new delhi, live to india for what we can expect from the meetings. possibly bad news for donald trump, a judge has rejected a bid by his former chief of staff mark meadows to move the case he faces in georgia to federal court. announcer: live from cnn center, this is cnn newsroom with kim brunhuber. we begin with breaking news out of morocco where the death toll from a powerful and devastating earthquake has gone up dramatically. the government says the quake overnight killed more than 600 people, and injured more than 300. and it s expected those numbers will rise, even more in the hours ahead. now, as you can see here, rescues are under way around the country. the u.s. geological survey says the 6.8 magnitude quake was the strongest in the region in

Transcripts For BBCNEWS BBC 20240703

after the devastating earthquake that has killed more than 1300 people. the tremor struck on friday night in the atlas mountains, around 70 kilometres southwest of marrakesh. entire villages are reported to have been flattened, and families have been trapped under the rubble. the red cross says the response effort to the earthquake could take years due to the level of devastation. these are the latest pictures we are getting from amizmiz, in the south of marrakesh. people there have been digging graves for victims in this village, which has been severely affected by the deadly quake. charlotte wright has this report. outside the historic kutubiyya mosque in marrakesh, dust rises from the tower, prompting fears it might collapse. the floors were shaking, the walls were shaking, things were falling off shelving. i just didn t even know what to think. i then went into a slightly more open space in my main bedroom and just collapsed to the floor, you could not stand, everything w

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