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
The ao year old revealed his decision at an emotional press conference on tuesday. Iniesta is widely regarded as one of the greatest players in history, scoring the winning goal in the 2010 world cup final, as well as being part of the spanish side that won the european championship in 2008 and 2012. He also won 29 trophies at barcelona in a 22 year career, before spending time injapan and the uae. Translation: i hope you ll allow me to get emotional. | i never thought this day would arrive. Truly, i never imagined it. But all these tears we ve shed during the past days aren t tears of sadness but are tears of emotion and pride. Well, earlier i spoke to spanish football journalist ernest macia, who explained why iniesta mightjust be the country s greatest footballer of all time. The fact that with his tiny body he has been able to control the entire midfield of fc barcelona, they made a perfect partner and there s not been a better midfield of course in fc barcelona s history and they
Translation: i hope you ll allow me to get emotional. | i never thought this day would arrive. Truly, i never imagined it. But all these tears we ve shed during the past days aren t tears of sadness but are tears of emotion and pride. Well, earlier, ispoke to spanish football journalist ernest macia who explained why iniesta mightjust be the country s greatest footballer of all time. The fact that with his tiny body he has been able to control the entire midfield of fc barcelona, they made a perfect partner and there s not been a better midfield of course in fc barcelona s history and they made the perfect cover for when lionel messi. His approach to football is extremely wise, his technicality, it s exceptional and notjust as a passer but also offensively. He s been seen more like a player who distributes and controls that midfield but hejust had more attacking projection. Probably this is what makes a big difference. And where do you think he ranks in terms of spanish football grea
And ten out of ten Max Verstappen makes formula one history as his domination continues. Also coming up on sportsday before 8. England are outplayed by new zealand with their hopes of winning their t20 series Hanging In The Balance and farahs farewell. As sir mo races for the final time in his home City Of London its very emotional but as i said when you achieve everything it must come to an end at some point. Welcome along, thank you forjoining us. So we were heading for a draw in the days big game between arsenal and Manchester United. But not for the first time in that fixture there was late drama. Which left the home side celebrating at the end. Nick parrott reports things are little different these days from the heights of the rivalry between arsenal and Manchester United. That tension in the tunnel has disappeared and despite the london whether it took time for things to heat up at the emirates. There were miss Mudgett Misjudgments and mistakes, we gave a goal away. We did not ha
The westfield centre, just minutes from the famous bondi beach, fled the attacker s path, before he was shot dead by police. Officers said he was known to the authorities. Katy watson reports now from the scene. Shouting fear and panic in bondi. Chaos in one of sydneys busiest Shopping Centres. Police were called after reports of multiple stabbings, and this is the scene they were met with. The attacker entered the Shopping Centre just after three in the afternoon, maiming people in his path. I think they are telling everybody to go to the nearest exit. Amid the panic, there was indeed huge bravery. See how this this man in a White T Shirt wards off the attacker with a bollard. Outside, shoppers ran for their lives out of the mall. There was relief and terror. Everyone move back i was hiding in the back room, just hearing gunshots. It wasjust like the worst thing ever. We saw these people running towards us, and then we heard a shot. My husband dragged us into a shop and the lady locke